Shares of CGI Inc. (NYSE:GIB – Get Rating) (TSE:GIB.A) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $84.07 and traded as high as $92.66. CGI shares last traded at $92.56, with a volume of 170,188 shares.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on the company. Stifel Nicolaus increased their price target on CGI from C$125.00 to C$140.00 in a research note on Thursday, February 2nd. StockNews.com cut CGI from a “buy” rating to a “hold” rating in a report on Wednesday, March 1st. BMO Capital Markets raised their price target on CGI from C$125.00 to C$133.00 in a report on Thursday, February 2nd. CIBC raised their price target on CGI from C$140.00 to C$146.00 in a report on Thursday, February 2nd. Finally, TD Securities raised their price objective on CGI from C$135.00 to C$145.00 in a report on Thursday, December 22nd.
CGI Stock Up 1.6 %
The company has a 50 day moving average price of $89.23 and a two-hundred day moving average price of $84.07. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.08 and a quick ratio of 0.84. The stock has a market cap of $22.07 billion, a PE ratio of 19.57, a PEG ratio of 1.77 and a beta of 0.92.
Hedge Funds Weigh In On CGI
CGI Company Profile
CGI, Inc engages in the provision of information technology and consulting services. It operates through the following segments: Western and Southern Europe, U.S. Commercial and State Government, Canada, U.S. Federal, Scandinavia and Central Europe, UK and Australia; Finland, Poland, and Baltics, Northwest and Central-East Europe, and Asia Pacific.
- Get a free copy of the StockNews.com research report on CGI (GIB)
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