Raymond James Sticks to Its Buy Rating for CGI Group Cl A SV (GIB.A)

By Carrie Williams

In a latest note to investors, a research analyst has provided a rating update for the CGI Group Cl A SV (GIB.AResearch Report). The company received a Buy today from Raymond James’ analyst Steven Li, with a C$94 price target.

Li has an average return of 8.3% when recommending CGI Group Cl A SV.

According to TipRanks.com, Li is ranked #1578 out of 5127 analysts.

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Currently, the analyst consensus on CGI Group Cl A SV is a Strong Buy with an average price target of C$91.92.

The company has a one-year high of C$87.22 and a one-year low of C$66.06. Currently, CGI Group Cl A SV has an average volume of 656.8K.

CGI Group, Inc. engages in the provision of information technology (IT) and consulting services. It operates through the following segments: Northern Europe, Canada, France, U.S. Commercial and State Government, U.S. Federal, U.K., Eastern, Central and Southern Europe (ECS), and Asia Pacific Global Delivery Centers of Excellence (APC).

The company’s shares closed on Tuesday at C$83.66.