CGI Inc. found using ticker (GIB) have now 8 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 107.29 and 97.74 with the average target price sitting at 103.53. Given that the stocks previous close was at 90.96 this now indicates there is a potential upside of 13.8%. The 50 day moving average now sits at 88.51 while the 200 day moving average is 83.3. The company has a market cap of $21,712m. Visit the company website at: https://www.cgi.com
The potential market cap would be $24,712m based on the market concensus.
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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.