CGI (TSE:GIB.A) Price Target Raised to C$145.00

CGI (TSE:GIB.A) (NYSE:GIB) had its price target lifted by National Bank Financial from C$135.00 to C$145.00 in a research report released on Thursday morning,BayStreet reports. National Bank Financial currently has an outperform rating on the stock.

A number of other equities research analysts have also commented on the company. Canadian Imperial Bank of Commerce raised their price target on CGI from C$107.00 to C$108.00 in a research report on Thursday, July 30th. TD increased their price target on shares of CGI from C$99.00 to C$118.00 and gave the company a “hold” rating in a research note on Thursday, July 30th. Stifel Nicolaus boosted their target price on CGI from C$110.00 to C$120.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Finally, Desjardins lowered their price target on shares of CGI from C$118.00 to C$115.00 and set a “buy” rating on the stock in a report on Thursday, October 8th. Seven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, CGI has an average rating of “Moderate Buy” and an average target price of C$128.85.

CGI Price Performance

Shares of GIB.A traded up C$0.02 during trading hours on Thursday, hitting C$116.83. The stock had a trading volume of 563,400 shares, compared to its average volume of 654,333. CGI has a 52 week low of C$83.34 and a 52 week high of C$131.97. The company’s fifty day moving average is C$105.15 and its two-hundred day moving average is C$100.20. The company has a debt-to-equity ratio of 34.24, a current ratio of 1.16 and a quick ratio of 0.97. The stock has a market capitalization of C$24.19 billion, a price-to-earnings ratio of 14.51, a P/E/G ratio of 2.24 and a beta of 0.29.

CGI (TSE:GIB.A) (NYSE:GIB) last issued its quarterly earnings results on Wednesday, November 11th. The company reported C$2.31 earnings per share for the quarter. The business had revenue of C$4.15 billion during the quarter. CGI had a net margin of 11.51% and a return on equity of 19.51%. On average, analysts anticipate that CGI will post 8.37 EPS for the current year.

Key CGI News

Here’s some of the latest news about GIB.A:

• Positive Sentiment: Stifel Nicolaus reiterated its buy rating in the latest report, following its target increase to C$130. Stifel Nicolaus remains a buy on CGI
• Neutral Sentiment: CGI filed financial materials for the year ended September 30, 2026. The filing is a disclosure update, with no specific new financial catalyst detailed in the report. CGI financial materials filing
• Negative Sentiment: Not all target increases imply upside: Scotia raised its target to C$110 and RBC to C$115, both below the cited share price, and each retained a sector-perform rating. This signals some analysts see limited near-term upside at current levels. Scotia target RBC target

About CGI

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 94,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results.