CGI Inc. with ticker code (GIB) now have 8 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 118.17 and 101.92 calculating the mean target price we have $107.46. Now with the previous closing price of $98.63 this now indicates there is a potential upside of 9.0%. The 50 day MA is $93.96 while the 200 day moving average is $85.77. The total market capitalization for the company now stands at $23,390m. Visit the company website at: https://www.cgi.com
The potential market cap would be $25,484m 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 21.94, revenue per share of 55.67 and a 8.66% return on assets.
