Societe Generale downgraded CGI Group from Buy to Hold
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/15/2024 | Neutral → Sector Outperform | CIBC | |
| 7/19/2024 | $112.00 | Neutral | UBS |
| 7/2/2024 | $120.00 | Buy | Jefferies |
| 6/21/2024 | Sector Outperform → Neutral | CIBC | |
| 5/2/2024 | Hold → Buy | TD Securities | |
| 11/14/2022 | Buy → Hold | Societe Generale | |
| 9/16/2022 | Sector Outperform | Scotiabank | |
| 1/10/2022 | Sell | Goldman Sachs |
6-K/A - CGI INC (0001061574) (Filer)
6-K - CGI INC (0001061574) (Filer)
6-K - CGI INC (0001061574) (Filer)
SC 13G/A - CGI INC (0001061574) (Subject)
SC 13G/A - CGI INC (0001061574) (Subject)
SC 13G/A - CGI INC (0001061574) (Subject)
CIBC upgraded CGI Group from Neutral to Sector Outperform
UBS initiated coverage of CGI Group with a rating of Neutral and set a new price target of $112.00
Jefferies initiated coverage of CGI Group with a rating of Buy and set a new price target of $120.00
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom MONTRÉAL, Nov. 21, 2024 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB), one of the largest IT and business consulting companies in the world, has been awarded the 2024 Worldwide Industry Solutions Partner of the Year and Europe, Middle East, and Africa (EMEA) Industry Solutions Partner of the Year by UiPath. CGI was recognized for outstanding results in consulting, innovation, AI, automation and implementation. "We are thrilled to be recognized by UiPath for our commitment to helping clients scale automation projects and achieve business outcomes. Since 2018, we have partnered with UiPath to help clients automate complex decisions, interact
FAIRFAX, Va., Nov. 14, 2024 /PRNewswire/ -- CGI Federal Inc. (CGI), the wholly-owned U.S. operating subsidiary of CGI Inc. (NYSE:GIB) (TSX:GIB), today announced it has been recognized as a Leader in the IDC MarketScape: U.S. Federal Government Cloud Professional Services 2024 Vendor Assessment*. We believe the recognition underscores CGI Federal's exceptional capabilities in delivering innovative cloud solutions tailored to the unique needs of U.S. federal agencies. "CGI Federal's extensive experience and strategic approach to cloud professional services have solidified their position as a leader in this market," said Adelaide O'Brien, Research Vice President at IDC. "Their ability to integ
FAIRFAX, Va., Nov. 11, 2024 /PRNewswire/ -- CGI (TSX:GIB) (NYSE:GIB), one of the largest independent IT and business consulting services firms in the world, today announced their involvement in a new portal designed by Wounded Warrior Project® (WWP). The robust digital platform is available to wounded veterans and their loved ones and helps connect them to resources, support services, events and a network of thousands of veterans and family members globally. Called MyWWP, the platform is built on Salesforce, and is one of WWP's earliest projects using Experience Cloud as an interactive social platform. WWP™ developed the portal in support of its mission to provide mental health services, ca
UBS analyst Kevin Mcveigh initiates coverage on CGI (NYSE:GIB) with a Neutral rating and announces Price Target of $112.
Under the agreement, CGI acquires the managed services business with more than 90 credit unions and creates new partnerships with Credit Union Central of Manitoba (CUCM), Alberta Central and SaskCentral. The business will be seamlessly integrated into CGI's existing operations, ensuring continuity and quality of service for all clients. As part of the agreement, more than 150 Celero employees will join CGI, benefitting from the company's ownership-based culture which will ensure smooth onboarding as well as future professional development opportunities.
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom Fourth quarter revenue up 4.4% and diluted earnings per share (EPS) up 8.5% Q4-F2024 performance highlights Revenue of $3.66 billion, up 4.4% year-over-year or 2.0% year-over-year in constant currency1;Earnings before income taxes of $592.4 million, up 6.2% year-over-year, for a margin1 of 16.2%;Adjusted EBIT1 of $600.2 million, up 4.7% year-over-year, for a margin1 of 16.4%;Net earnings of $435.9 million, up 5.2% year-over-year, for a margin1 of 11.9%;Net earnings excluding specific items1,2 of $439.1 million, up 4.2% year-over-ye
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom MONTRÉAL, Oct. 30, 2024 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB) will release results for its fourth quarter and fiscal year 2024, ended September 30, 2024, on Wednesday, November 6, 2024 before the markets open. Management will host a conference call to discuss results and answer questions at 9:00 a.m. (EST). Who: François Boulanger, President and Chief Executive Officer Steve Perron, Executive Vice-President and Chief Financial Officer What: Fourth Quarter and Fiscal Year 2024 Results When: Wednesday, November 6, 2024 at 9:00 a.m. (EST) Conference Call: 1- 800-717-1738 Conference ID: 25981. Interested parties may
Stock Market SymbolsGIB (NYSE)GIB.A (TSX)cgi.com/newsroom FAIRFAX, Va., Sept. 13, 2024 /PRNewswire/ - CGI Federal Inc. (CGI), a wholly-owned U.S. operating subsidiary of CGI Inc. (NYSE:GIB) (TSX:GIB), has completed the previously announced acquisition of Aeyon, a leader in digital transformation and Artificial Intelligence (AI) technologies, including data management, analytics and intelligent automation for the U.S. Federal Government. The acquisition complements and expands CGI's offerings portfolio as well as relationships with critical U.S. national security clients, such as the Office of the Secretary of Defense, multiple branches and agencies of the U.S. military, the Federal Aviation
Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom Signature reinforces the company's commitment to responsible and ethical AI practices BRUSSELS, Sept. 25, 2024 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB), one of the world's largest business and IT consulting firms, announced today that it has signed the European Union's (EU) Artificial Intelligence (AI) Act Pledge as part of its engagement with the European Commission's AI Pact. The signature reinforces CGI's commitment globally to uphold the highest standards and best practices in the development and use of responsible technologies, including innovative AI and Generative AI technologies. "Given CGI's extensive footprint in Europe
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom PARIS, July 3, 2024 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB), one of the world's largest business and IT consulting services firms, is partnering with Risk Management Partners, a unit of Munich Re, the world's leading reinsurer, to help insurers reduce claims, increase profits, and drive long-term value through climate risk mitigation. This partnership will combine Munich Re's Location Risk Intelligence Platform with CGI's climate risk mitigation offerings to help insurers minimize the impact of climate change on their business models and profitability. Faced with increasing claims, insurers must deal with climate-related risks and ch
Stock Market SymbolsGIB (NYSE)GIB.A (TSX)cgi.com/newsroom George D. Schindler to retire and remain a member of the Board, effective October 1, 2024 MONTRÉAL, May 22, 2024 /PRNewswire/ - The CGI (NYSE:GIB) (TSX:GIB) Board of Directors announced the appointment of François Boulanger as President and Chief Executive Officer and a member of the Board of Directors, effective October 1, 2024. Mr. Boulanger is currently President and Chief Operating Officer for CGI's operations in Canada, U.S. Commercial and State Government, Asia Pacific Global Delivery Centers of Excellence, and Global IP Solutions. George D. Schindler, currently President and Chief Executive Officer, will retire effective Septem