Societe Generale downgraded CGI Group from Buy to Hold
Save time and jump to the most important pieces.
| 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 |
SC 13G/A - CGI INC (0001061574) (Subject)
SC 13G/A - CGI INC (0001061574) (Subject)
SC 13G/A - CGI INC (0001061574) (Subject)
Stock Market Symbols GIB (NYSE) GIB.A (TSX)cgi.com/newsroom MONTRÉAL, Jan. 29, 2025 /PRNewswire/ - In line with the comprehensive succession strategies that CGI (TSX:GIB) (NYSE:GIB) established several years ago, Julie Godin is appointed Executive Chair of the Board of Directors, effective following today's Annual General Meeting of Shareholders. In conjunction with Ms. Godin's appointment, CGI Founder Serge Godin will assume the role of Board Co-Chair and continue to focus on transformational acquisitions for CGI and on large-scale engagements with clients. "Over the years, Julie has mastered every dimension of our business and industry as the portfolio of her responsibilities incrementall
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.A (TSX)GIB (NYSE)cgi.com/newsroom Acquisition deepens CGI's data and business intelligence capabilities MONTRÉAL, March 25, 2025 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB), one of the largest independent IT and business consulting services firms in the world, today announced the acquisition of Momentum Technologies, a Québec City based IT consulting services company, specializing in data analytics and business intelligence. More than 250 highly skilled consultants and professionals will join CGI, deepening the company's local presence and capacity to serve clients across the public sector and several commercial industries such as health and insurance. "On behalf of CG
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom MONTRÉAL, Canada LEINFELDEN-ECHTERDINGEN, Germany and GRANADA, Spain, March 21, 2025 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB), one of the largest independent IT and business consulting services firms in the world, has completed the previously announced acquisition of Novatec by its wholly owned limited partnership, CGI Deutschland B.V. & Co. KG. Novatec is a leading digital services company in Germany and Spain. Founded in 1996, it offers a wide range of business and IT consulting services, including cloud-based solutions, agile products, software development and digital strategies. Novatec's application performance management solutio
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom MONTRÉAL, March 12, 2025 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB) announced today that it has priced an offering of senior unsecured notes. CGI will issue US$650 million in aggregate principal amount of 5-year senior unsecured notes, which will bear interest at the rate of 4.95% per annum (treasury rate plus 100 basis points). Concurrently with the offering, CGI expects to enter into a currency swap agreement to reduce the Canadian dollar equivalent cost of borrowing of the notes to 3.7125% per annum. The offering is expected to close on or about March 14, 2025, subject to customary closing conditions. The net proceeds from the offeri
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
6-K - CGI INC (0001061574) (Filer)
6-K - CGI INC (0001061574) (Filer)
40-F - CGI INC (0001061574) (Filer)
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom Acquisition deepens CGI's data and business intelligence capabilities MONTRÉAL, March 25, 2025 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB), one of the largest independent IT and business consulting services firms in the world, today announced the acquisition of Momentum Technologies, a Québec City based IT consulting services company, specializing in data analytics and business intelligence. More than 250 highly skilled consultants and professionals will join CGI, deepening the company's local presence and capacity to serve clients across the public sector and several commercial industries such as health and insurance. "On behalf of CG
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom MONTRÉAL, March 12, 2025 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB) announced today that it has priced an offering of senior unsecured notes. CGI will issue US$650 million in aggregate principal amount of 5-year senior unsecured notes, which will bear interest at the rate of 4.95% per annum (treasury rate plus 100 basis points). Concurrently with the offering, CGI expects to enter into a currency swap agreement to reduce the Canadian dollar equivalent cost of borrowing of the notes to 3.7125% per annum. The offering is expected to close on or about March 14, 2025, subject to customary closing conditions. The net proceeds from the offeri
Stock Market Symbols GIB.A (TSX)GIB (NYSE) cgi.com/newsroom Revenue up 5.1% with cash generation of $646 million or 17.1% of revenue1 Q1-F2025 performance highlights Revenue of $3.79 billion, up 5.1% year-over-year or 2.7% year-over-year in constant currency1;Earnings before income taxes of $591.7 million, up 12.3% year-over-year, for a margin1 of 15.6%;Adjusted earnings before interest and taxes1 of $611.7 million, up 4.7% year-over-year, for a margin1 of 16.2%;Net earnings of $438.6 million, up 12.5% year-over-year, for a margin1 of 11.6%;Adjusted net earnings1,2 of $449.0 million, up 5.1% year-over-year, for a margin1 of 11.9%;Diluted EPS of $1.92, up 15.0% year-over-year;Adjusted diluted