CGI Inc. with ticker code (GIB) have now 8 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 109.22 and 99.49 and has a mean target at $105.39. Given that the stocks previous close was at $99.63 this is indicating there is a potential upside of 5.8%. The day 50 moving average is $93.30 and the 200 day MA is $85.33. The market cap for the company is $23,642m. You can visit the company’s website by visiting: https://www.cgi.com
The potential market cap would be $25,009m based on the market consensus.
CGI Inc., together with its subsidiaries, provides information technology (IT) and business process services in Canada; Western, Southern, Central, and Eastern Europe; Australia; Scandinavia; Finland, Poland, and Baltics; the United States; the United Kingdom; and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities. The company also provides application development, integration and maintenance, testing, portfolio management, and modernization services; business consulting; and a suite of business process services designed to address the needs of specific industries, as well as IT infrastructure services. It serves clients operating in government, banking and capital market, health, utility, communication and media, oil and gas, retail, consumer and services, space, manufacturing, insurance, life sciences, retail and consumer service, and transportation and logistics sectors. The company was formerly known as CGI Group Inc. and changed its name to CGI Inc. in January 2019. CGI Inc. was founded in 1976 and is headquartered in Montreal, Canada.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 21.56, revenue per share of 55.67 and a 8.66% return on assets.
