CGI (TSE:GIB.A – Free Report) (NYSE:GIB) had its price objective decreased by BMO Capital Markets from C$145.00 to C$137.00 in a research note released on Thursday morning,BayStreet.CA reports.
A number of other equities analysts have also issued reports on the company. CIBC decreased their price objective on CGI from C$139.00 to C$132.00 in a report on Thursday. Desjardins cut their price objective on shares of CGI from C$169.00 to C$160.00 and set a “buy” rating on the stock in a research note on Tuesday, November 4th. Sanford C. Bernstein upped their price objective on shares of CGI from C$137.00 to C$142.00 in a report on Thursday, November 6th. Scotiabank set a C$140.00 target price on shares of CGI and gave the company a “sector perform” rating in a research note on Tuesday. Finally, TD Securities reduced their price target on shares of CGI from C$190.00 to C$145.00 and set a “buy” rating for the company in a research note on Friday, October 3rd. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of C$147.67.
CGI Price Performance
CGI (TSE:GIB.A – Get Free Report) (NYSE:GIB) last released its quarterly earnings data on Wednesday, January 28th. The company reported C$2.12 earnings per share for the quarter. The business had revenue of C$4.08 billion for the quarter. CGI had a net margin of 11.51% and a return on equity of 19.51%. On average, research analysts expect that CGI will post 8.3679245 EPS for the current year.
CGI Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, December 19th were paid a $0.17 dividend. The ex-dividend date of this dividend was Friday, November 21st. This represents a $0.68 annualized dividend and a dividend yield of 0.6%. This is an increase from CGI’s previous quarterly dividend of $0.15. CGI’s dividend payout ratio is presently 8.16%.
More CGI News
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.
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