CGI (TSE: GIB.A) recently received a number of ratings updates from brokerages and research firms:
- 7/30/2026 – CGI had its price target raised by Desjardins from C$117.00 to C$118.00. They now have a “buy” rating on the stock.
- 7/30/2026 – CGI had its price target raised by Stifel Nicolaus from C$110.00 to C$120.00. They now have a “buy” rating on the stock.
- 7/30/2026 – CGI had its price target raised by TD from C$99.00 to C$118.00. They now have a “hold” rating on the stock.
- 7/30/2026 – CGI had its price target raised by Canadian Imperial Bank of Commerce from C$107.00 to C$108.00.
- 7/23/2026 – CGI was downgraded by TD from “buy” to “hold”. They now have a C$99.00 price target on the stock, down from C$102.00.
- 7/21/2026 – CGI had its price target lowered by Desjardins from C$147.00 to C$117.00. They now have a “buy” rating on the stock.
- 6/12/2026 – CGI was given a new C$135.00 price target by National Bank Financial. They now have an “outperform” rating on the stock.
CGI Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, September 18th will be paid a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, August 14th. CGI’s dividend payout ratio (DPR) is currently 6.09%.
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 94,000 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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