CGI Inc. with ticker code (GIB) have now 8 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 108.95 and 99.25 with a mean TP of 105.13. Given that the stocks previous close was at 90.87 this now indicates there is a potential upside of 15.7%. There is a 50 day moving average of 86.53 and the 200 moving average now moves to 82.26. The company has a market cap of $21,891m. You can visit the company’s website by visiting: https://www.cgi.com
The potential market cap would be $25,327m based on the market concensus.
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.
