CGI (TSE:GIB.A – Free Report) (NYSE:GIB) had its price objective upped by TD Securities from C$145.00 to C$153.00 in a report released on Thursday,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.
A number of other brokerages have also recently commented on GIB.A. Raymond James Financial dropped their price target on CGI from C$178.00 to C$168.00 in a research note on Thursday, November 6th. Scotiabank set a C$140.00 price objective on CGI and gave the stock a “sector perform” rating in a research report on Tuesday. Desjardins set a C$157.00 target price on CGI and gave the stock a “buy” rating in a report on Thursday. Sanford C. Bernstein lifted their price target on CGI from C$137.00 to C$142.00 in a research note on Thursday, November 6th. Finally, CIBC reduced their price target on CGI from C$139.00 to C$132.00 in a report on Thursday. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, CGI presently has an average rating of “Moderate Buy” and a consensus price target of C$147.67.
CGI Stock Down 1.3%
CGI (TSE:GIB.A – Get Free Report) (NYSE:GIB) last posted its quarterly earnings results on Wednesday, January 28th. The company reported C$2.12 earnings per share for the quarter. The company 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%. As a group, analysts forecast that CGI will post 8.3679245 earnings per share for the current fiscal year.
CGI Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 19th were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Friday, November 21st. This is a boost from CGI’s previous quarterly dividend of $0.15. CGI’s dividend payout ratio (DPR) is presently 8.16%.
CGI News Summary
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
About CGI
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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