<div id="readability-page-1"><p>CGI Inc. (NYSE:GIB - Get Free Report) <span>TSE: GIB.A<span></span></span> has been assigned a consensus rating of &#34;Buy&#34; from the six brokerages that are  covering the stock, MarketBeat.com reports. One investment analyst  has rated the stock with a hold recommendation, three have assigned  a buy recommendation and two have given a strong buy recommendation to  the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $156.75.</p><p>A number of analysts have recently commented on the stock. Royal Bank of Canada  reiterated an &#34;outperform&#34; rating and issued a $192.00 price target on shares of CGI in a research note on Wednesday, March 26th. UBS Group lifted their target price on shares of CGI from $118.00 to $122.00 and gave the stock a &#34;neutral&#34; rating in a research report on Monday, February 3rd. Finally, Jefferies Financial Group dropped their price target on CGI from $140.00 to $135.00 and set a &#34;buy&#34; rating on the stock in a research note on Tuesday, January 21st.</p><p><b>Read Our Latest Research Report on CGI</b></p><h2>Institutional Investors Weigh In On CGI</h2><p>Several hedge funds and other institutional investors have recently modified their holdings of GIB. Verition Fund Management LLC bought a new stake in  CGI during the third quarter valued at about $307,000.  Quantinno Capital Management LP grew its stake in shares of  CGI by 6.6% during the 3rd quarter. Quantinno Capital Management LP now owns 16,165 shares of the technology company's stock valued at $1,861,000 after acquiring an additional 1,001 shares during the period.  Wellington Management Group LLP increased its holdings in  CGI by 21.1% in the 3rd quarter. Wellington Management Group LLP now owns 96,516 shares of the technology company's stock worth $11,118,000 after acquiring an additional 16,844 shares in the last quarter.  Jane Street Group LLC raised its stake in  CGI by 19.2% during the 3rd quarter. Jane Street Group LLC now owns 39,784 shares of the technology company's stock worth $4,574,000 after acquiring an additional 6,403 shares during the period.  Finally, Public Employees Retirement System of Ohio bought a new stake in  CGI during the 3rd quarter worth approximately $5,081,000. 66.68% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>CGI Stock Performance</h2><p>Shares of GIB opened at $101.80 on Thursday. The company has a market cap of $23.08 billion, a price-to-earnings ratio of 18.41, a P/E/G ratio of 2.58 and a beta of 0.85. The business's fifty day simple moving average is $107.50 and its two-hundred day simple moving average is $110.50. CGI has a 12 month low of $92.85 and a 12 month high of $122.79. The company has a current ratio of 1.31, a quick ratio of 1.04 and a debt-to-equity ratio of 0.28. </p><p>CGI (NYSE:GIB - Get Free Report) <span>TSE: GIB.A<span></span></span> last released its quarterly earnings data on Wednesday, January 29th. The technology company reported $1.41 EPS for the quarter, meeting the consensus estimate of $1.41. CGI had a return on equity of 19.32% and a net margin of 11.72%.  Research analysts anticipate that  CGI will post 5.79 earnings per share for the current fiscal year. </p><h2>CGI Dividend Announcement</h2><p>The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, February 14th were paid a dividend of $0.1039 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.41%. The ex-dividend date  was Friday, February 14th. CGI's dividend payout ratio  is presently 7.41%. </p><h2>About CGI</h2> (Get Free Report<p>CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services. Its services include the business and strategic IT consulting, systems integration, and software solutions. The company also provides application development, modernization and maintenance, holistic enterprise digitization, automation, hybrid and cloud management, and business process services; intellectual property-based solutions; business consulting; managed IT services; and IT infrastructure services.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than CGI</li><li>ETF Screener: Uses and Step-by-Step Guide </li><li>Quantum Computing: The $6.5 Billion Opportunity You Can’t Ignore</li><li>3 Warren Buffett Stocks to Buy Now</li><li>Are Tariffs Threatening Disney’s Comeback Story?</li><li>What is a Death Cross in Stocks?</li><li>Is Alphabet a Generational Buying Opportunity at These Levels?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUdJQg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUdJQg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in CGI Right Now?</h2><p>Before you consider CGI, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CGI wasn't on the list.</p><p>While CGI currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>CGI Inc. (NYSE:GIB) has received a consensus rating of "Buy" from six brokerages, with one hold, three buy, and two strong buy recommendations. The average price target is $156.75. Recent analyst ratings include Royal Bank of Canada at $192.00, UBS at $122.00, and Jefferies at $135.00. The company has a market cap of $23.08 billion, a P/E ratio of 18.41, and a dividend yield of 0.41%. CGI reported $1.41 EPS for the last quarter, meeting estimates, and anticipates 5.79 EPS for the current fiscal year.</p>

CGI Inc. (NYSE:GIB) Given Consensus Rating of "Buy" by Analysts