Sanford C. Bernstein Upgrades CGI Group (TSE:GIB) to “Strong-Buy”

CGI Group (TSE:GIB) was upgraded by equities researchers at Sanford C. Bernstein to a “strong-buy” rating in a research report issued on Thursday, Zacks.com reports.

Separately, UBS Group raised shares of CGI Group to a “hold” rating in a research report on Friday, July 19th.

CGI Group Stock Performance

CGI Group (TSE:GIB) last announced its quarterly earnings data on Wednesday, May 1st. The company reported C$1.97 EPS for the quarter, hitting the consensus estimate of C$1.97. The company had revenue of C$3.74 billion for the quarter, compared to analyst estimates of C$3.81 billion.