CGI Inc (TSE:GIB.A) Stock Has Consensus Target Price of C$124.00

Shares of CGI Inc (TSE:GIB.A) (NYSE:GIB) have been given an average recommendation of “Moderate Buy” by the twelve research firms that are covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is C$128.85.

GIB.A has been the topic of a number of recent research reports. Scotia increased their price target on shares of CGI from C$95.00 to C$110.00 and gave the company a “sector perform” rating in a research report on Thursday. Stifel Nicolaus boosted their price objective on shares of CGI from C$120.00 to C$130.00 and gave the stock a “buy” rating in a report on Thursday. Desjardins upped their price objective on shares of CGI from C$115.00 to C$126.00 and gave the company a “buy” rating in a research note on Thursday. Royal Bank Of Canada increased their target price on shares of CGI from C$100.00 to C$115.00 and gave the company a “sector perform” rating in a report on Thursday. Finally, TD lifted their target price on shares of CGI from C$118.00 to C$125.00 and gave the stock a “hold” rating in a research report on Thursday.

More CGI News

Here’s some of the latest news about GIB.A:

• Positive Sentiment: Several firms raised their targets and maintained positive ratings: National Bank Financial lifted its target to C$145 with an outperform rating; BMO raised its target to C$132 and kept outperform; Stifel Nicolaus raised its target to C$130 and kept buy; and Desjardins raised its target to C$126 and kept buy. TD also raised its target to C$125, while maintaining hold. National Bank Financial target BMO target Stifel target Desjardins target TD target
• Positive Sentiment: Stifel Nicolaus reiterated its buy rating in the latest report, following its target increase to C$130. Stifel Nicolaus remains a buy on CGI
• Neutral Sentiment: CGI filed financial materials for the year ended September 30, 2026. The filing is a disclosure update, with no specific new financial catalyst detailed in the report. CGI financial materials filing

CGI Price Performance

Shares of GIB.A traded up C$0.02 during midday trading on Thursday, reaching C$116.83. The stock had a trading volume of 563,400 shares, compared to its average volume of 654,333. The company’s 50-day moving average is C$105.15 and its 200 day moving average is C$100.20. CGI has a 12-month low of C$83.34 and a 12-month high of C$131.97. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 34.24. The company has a market capitalization of C$24.19 billion, a price-to-earnings ratio of 14.51, a price-to-earnings-growth ratio of 2.24 and a beta of 0.29.

CGI (TSE:GIB.A) (NYSE:GIB) last announced its quarterly earnings data on Wednesday, November 11th. The company reported C$2.31 earnings per share for the quarter. The company had revenue of C$4.15 billion for the quarter. CGI had a return on equity of 19.51% and a net margin of 11.51%. On average, equities analysts predict that CGI will post 8.37 EPS for the current fiscal year.

About CGI

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.