CGI Inc. found using ticker (GIB) now have 10 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 104.85 and 89.77 with the average target price sitting at 98.84. Given that the stocks previous close was at 79.81 this indicates there is a potential upside of 23.8%. The 50 day moving average now sits at 80.98 and the 200 moving average now moves to 86.04. The company has a market capitalisation of $19,617m. Visit the company website at: https://www.cgi.com
The potential market cap would be $24,294m 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 offers 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.
