CGI (GIB) Gets a Sell from Bernstein

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Bernstein analyst Richard Nguyen reiterated a Sell rating on CGI (GIB) with a C$141 price target, despite shares closing at C$93.28. While Nguyen holds a 4-star rating, the broader market consensus for CGI remains a Moderate Buy with an average target of C$114.19.

Bernstein analyst Richard Nguyen reiterated a Sell rating on CGI yesterday and set a price target of C$141.00. The company’s shares closed yesterday at C$93.28.

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According to TipRanks, Nguyen is a 4-star analyst with an average return of 12.0% and a 63.39% success rate. Nguyen covers the Technology sector, focusing on stocks such as TeamViewer AG, CGI, and Sage Group plc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CGI with a C$114.19 average price target.

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