CGI Inc has a consensus price target of $123 based on the ratings of 5 analysts. The high is $165 issued by CIBC on May 2, 2024. The low is $95 issued by B of A Securities on September 14, 2021. The 3 most-recent analyst ratings were released by UBS, Jefferies, and CIBC on July 19, 2024, July 2, 2024, and May 2, 2024, respectively. With an average price target of $132.33 between UBS, Jefferies, and CIBC, there's an implied 25.00% upside for CGI Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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07/19/2024 | Buy Now | 5.79% | UBS | Kevin Mcveigh | → $112 | Initiates | → Neutral | Get Alert |
07/02/2024 | Buy Now | 13.35% | Jefferies | Surinder Thind | — | Initiates | → Buy | Get Alert |
05/02/2024 | Buy Now | 55.85% | CIBC | Stephanie Price | $169 → $165 | Maintains | Outperformer | Get Alert |
01/10/2022 | Buy Now | — | Goldman Sachs | Brian Essex | — | Initiates | → Sell | Get Alert |
09/14/2021 | Buy Now | -10.27% | B of A Securities | Jason Kupferberg | — | Downgrade | Buy → Underperform | Get Alert |
The latest price target for CGI (NYSE:GIB) was reported by UBS on July 19, 2024. The analyst firm set a price target for $112.00 expecting GIB to rise to within 12 months (a possible 5.79% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for CGI (NYSE:GIB) was provided by UBS, and CGI initiated their neutral rating.
There is no last upgrade for CGI
The last downgrade for CGI Inc happened on September 14, 2021 when B of A Securities changed their price target from $93 to $95 for CGI Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of CGI, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for CGI was filed on July 19, 2024 so you should expect the next rating to be made available sometime around July 19, 2025.
While ratings are subjective and will change, the latest CGI (GIB) rating was a initiated with a price target of $0.00 to $112.00. The current price CGI (GIB) is trading at is $105.87, which is within the analyst’s predicted range.
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