Desjardins set a C$157.00 price target on CGI (TSE:GIB.A – Free Report) (NYSE:GIB) in a research note published on Thursday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.
A number of other analysts have also commented on GIB.A. Scotiabank set a C$140.00 price objective on CGI and gave the stock a “sector perform” rating in a research report on Tuesday. BMO Capital Markets lowered their price target on shares of CGI from C$145.00 to C$137.00 in a research report on Thursday. Raymond James Financial cut their price objective on shares of CGI from C$178.00 to C$168.00 in a report on Thursday, November 6th. Sanford C. Bernstein lifted their target price on shares of CGI from C$137.00 to C$142.00 in a report on Thursday, November 6th. Finally, TD Securities cut their price target on CGI from C$190.00 to C$145.00 and set a “buy” rating on the stock in a research note on Friday, October 3rd. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of C$147.67.
View Our Latest Stock Analysis on CGI
CGI Stock Performance
CGI (TSE:GIB.A – Get Free Report) (NYSE:GIB) last announced its 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 during the quarter. CGI had a net margin of 11.51% and a return on equity of 19.51%. On average, research analysts anticipate that CGI will post 8.3679245 earnings per share for the current fiscal year.
CGI Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, December 19th were issued a $0.17 dividend. This is a positive change from CGI’s previous quarterly dividend of $0.15. 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%. CGI’s dividend payout ratio (DPR) 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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