CIBC Maintains Outperformer on CGI, Lowers Price Target to C$165
CIBC analyst Stephanie Price maintains CGI (NYSE:GIB) with a Outperformer and lowers the price target from C$169 to C$165.
CIBC analyst Stephanie Price maintains CGI (NYSE:GIB) with a Outperformer and lowers the price target from C$169 to C$165.
Date | Price Target | Rating | Analyst |
---|---|---|---|
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 | |
1/10/2022 | $85.44 | Sell | Goldman |
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
FAIRFAX, Va., Sept. 11, 2024 /PRNewswire/ -- CGI (TSX:GIB) (NYSE:GIB), one of the largest independent IT and business consulting services firms in the world, today announced its selection by Forbes as one of America's Best Employers for Women, placing it alongside those U.S. companies achieving the highest scores by 150,000 women surveyed at companies with at least 1,000 employees for Forbes' annual ranking. "At CGI, we are committed to sharing our progress in growing the representation of women at all levels of the organization and in the technology sector overall," said Stephanie Mango, President, CGI Federal. "We will continue to champion the success of women in technology by amplifying
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom MONTRÉAL, Sept. 5, 2024 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB), one of the world's largest business and IT consulting firms, has been named a Leader in Everest Group's Guidewire Services PEAK Matrix® Assessment 2024 for property and casualty (P&C) insurance. CGI was recognized for expanding Guidewire Services into growing markets, building local and offshore delivery capabilities, and adopting geo-specific strategies in line with the company's client proximity model. "Credible success proof points of delivering on-time Guidewire implementations, via enhanced localized delivery capabilities, have bolstered CGI's market positioning in
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.
SC 13G/A - CGI INC (0001061574) (Subject)
SC 13G/A - CGI INC (0001061574) (Subject)
SC 13G/A - CGI INC (0001061574) (Subject)
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
CIBC downgraded CGI Group from Sector Outperform to Neutral
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 MONTRÉAL, Sept. 3, 2024 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB) announced today that it has priced an offering of Canadian dollar denominated senior unsecured notes in two series. CGI will issue C$750 million in aggregate principal amount of senior unsecured notes, consisting of C$300 million aggregate principal amount of 3-year notes and C$450 million aggregate principal amount of 5-year notes. The 3-year notes will bear interest at the rate of 3.987% per annum and 5-year notes will bear interest at the rate of 4.147% per annum. The offering is expected to close on or about September 5, 2024, subject to customary closing conditions
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom Updates use of cash strategy to include dividend program Q3-F2024 performance highlights Revenue of $3.67 billion, up 1.3% year-over-year or 0.2% year-over-year in constant currency1;Earnings before income taxes of $594.0 million, up 6.3% year-over-year, for a margin1 of 16.2%;Adjusted EBIT1 of $602.8 million, up 3.1% year-over-year, for a margin1 of 16.4%;Net earnings of $440.1 million, up 6.1% year-over-year, for a margin1 of 12.0%;Net earnings excluding specific items1,2 of $440.2 million, up 3.4% year-over-year, for a margin1 of 12.0%;Diluted EPS of $1.91, up 9.1% year-over-year;Diluted EPS excluding specific items1,2 of $1.91, up
6-K - CGI INC (0001061574) (Filer)
6-K - CGI INC (0001061574) (Filer)
6-K - CGI INC (0001061574) (Filer)
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
Gaithersburg, MD, May 24, 2021 (GLOBE NEWSWIRE) -- mPhase Technologies, Inc. (OTC:XDSL) ("mPhase" or the "Company"), a technology company specializing in EV charging and consumer engagement, announced that it has appointed industry veteran Venkat Kodumudi as Chief Operating Officer. Mr. Kodumudi brings over 29 years of experience in information technology senior management that includes a 14-year career as software developer and architect. Previously, he had been involved in over 5 companies and a Federal Government Agency, in the information technology industry holding positions including chief technology officer, health product practice lead, director, and deputy director for IT operatio