CGI Inc has a consensus price target of $47.5, established from looking at the 2 latest analyst ratings. The last 2 analyst ratings were released from Goldman Sachs and B of A Securities on January 10, 2022 and September 14, 2021. With an average price target of $47.5 between Goldman Sachs and B of A Securities, there's an implied -54.72% downside for CGI Inc from these 2 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
01/10/2022 | GIB | Buy Now | CGI | $104.90 | — | Goldman Sachs | Brian Essex | — | Initiates | → Sell | Get Alert |
09/14/2021 | GIB | Buy Now | CGI | $104.90 | -9.44% | B of A Securities | Jason Kupferberg | — | Downgrade | Buy → Underperform | Get Alert |
The latest price target for CGI (NYSE: GIB) was reported by Goldman Sachs on January 10, 2022. The analyst firm set a price target for $0.00 expecting GIB to fall to within 12 months (a possible -100.00% downside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for CGI (NYSE: GIB) was provided by Goldman Sachs, and CGI initiated their sell 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 January 10, 2022 so you should expect the next rating to be made available sometime around January 10, 2023.
While ratings are subjective and will change, the latest CGI (GIB) rating was a initiated with a price target of $0.00 to $0.00. The current price CGI (GIB) is trading at is $104.90, which is out of the analyst’s predicted range.
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