CGI (TSE:GIB.A) Price Target Cut to C$132.00 by Analysts at CIBC

CGI (TSE:GIB.A) (NYSE:GIB) had its price target decreased by CIBC from C$139.00 to C$132.00 in a research report report published on Thursday,BayStreet.CA reports.

GIB.A has been the subject of several other reports. Scotiabank set a C$140.00 price objective on CGI and gave the stock a “sector perform” rating in a report on Tuesday. Desjardins dropped their price target on CGI from C$169.00 to C$160.00 and set a “buy” rating for the company in a research report on Tuesday, November 4th. Royal Bank Of Canada cut their price target on CGI from C$165.00 to C$150.00 and set an “outperform” rating for the company in a research note on Monday. Raymond James Financial lowered their price objective on shares of CGI from C$178.00 to C$168.00 in a research note on Thursday, November 6th. Finally, TD Securities dropped their target price on shares of CGI from C$190.00 to C$145.00 and set a “buy” rating for the company in a report on Friday, October 3rd. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$147.67.

CGI Stock Performance

Shares of GIB.A opened at C$115.57 on Thursday. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 34.24. CGI has a 52-week low of C$113.60 and a 52-week high of C$175.35. The company has a 50-day simple moving average of C$125.78 and a 200-day simple moving average of C$127.55. The company has a market capitalization of C$25.00 billion, a PE ratio of 15.72, a P/E/G ratio of 2.24 and a beta of 0.23.

CGI (TSE:GIB.A) (NYSE:GIB) last issued its earnings results on Wednesday, January 28th. The company reported C$2.12 earnings per share for the quarter. CGI had a net margin of 11.51% and a return on equity of 19.51%. The company had revenue of C$4.08 billion for the quarter. Equities research analysts predict that CGI will post 8.3679245 earnings per share for the current fiscal year.

CGI Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 19th were issued a $0.17 dividend. This is a boost from CGI’s previous quarterly dividend of $0.15. The ex-dividend date was Friday, November 21st. This represents a $0.68 annualized dividend and a yield of 0.6%. CGI’s payout ratio is presently 8.16%.

CGI News Roundup

Here are the key news stories impacting CGI this week:

• Positive Sentiment: CGI reported Q1 FY2026 results: C$2.12 EPS on C$4.08B revenue and reported a $442M profit (up year-over-year). The company also filed for and launched a normal-course issuer bid (NCIB), which supports buybacks and EPS support. Globe and Mail: Q1 results TipRanks: NCIB filing
• Positive Sentiment: Desjardins initiated / set a new price target at C$157 and assigned a “buy” rating — one of the highest targets among recent analyst notes, implying meaningful upside versus the current share level. BayStreet.CA: Desjardins PT
• Positive Sentiment: TD Securities raised its target to C$153 and reiterated a “buy” rating, signaling continued confidence from a major dealer. BayStreet.CA: TD raise
• Positive Sentiment: Scotiabank set a C$140 price target, adding another above-current benchmark that can underpin upside in analyst-driven flows. AmericanBankingNews: Scotiabank PT
• Neutral Sentiment: Canaccord trimmed its target from C$155 to C$150 but kept a “buy” rating — still a healthy premium vs. the market price, reducing downside risk from this house. BayStreet.CA: Canaccord note
• Neutral Sentiment: Royal Bank of Canada lowered its target to C$150 — a reduction but remaining above the current trading level, so impact is mixed. AmericanBankingNews: RBC PT
• Negative Sentiment: BMO Capital Markets cut its price target to C$137 from C$145, a downward revision that may pressure sentiment among investors watching analyst momentum. BayStreet.CA: BMO PT cut
• Negative Sentiment: CIBC lowered its target to C$132 from C$139 — another downward revision that contributes to mixed analyst messaging and may weigh on short-term flows. BayStreet.CA: CIBC PT cut

CGI Company Profile

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 91,000 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.