UBS initiated coverage on CGI Group with a new price target
$GIB
Professional Services
Consumer Discretionary
UBS initiated coverage of CGI Group with a rating of Neutral and set a new price target of $112.00
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 |
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 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
SC 13G/A - CGI INC (0001061574) (Subject)
SC 13G/A - CGI INC (0001061574) (Subject)
SC 13G/A - CGI INC (0001061574) (Subject)
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom Select status recognizes CGI's trusted cloud and AI positioning for providing clients with streamlined data solutions MONTREAL, Quebec, Feb. 20, 2025 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB), one of the largest independent IT and business consulting services firms in the world, today announced its achievement of Select partner program status from Databricks, the data and AI company. This designation underscores CGI's commitment to advancing data analytics and artificial intelligence (AI) capabilities in support of clients worldwide. With more than 100 Databricks-certified consultants across data engineering, machine learnin
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom Partners initiate development unit for Volkswagen Group-wide digitalization projectsGoal is fast and efficient software development for new IT systems at VolkswagenBoard Member at Volkswagen Group for IT, Hauke Stars: "Collaboration is a further step to secure the increasing demand for software development performance in the Volkswagen Group"MONTRÉAL, Quebec and WOLFSBURG, Germany, Feb. 17, 2025 /PRNewswire/ - The Volkswagen Group and CGI (TSX:GIB) (NYSE:GIB), one of the world's largest business and IT consulting firms, announce the deepening of their global collaboration. This move strengthens the Volkswagen Group's long-term capabil
CHICAGO, Feb. 6, 2025 /PRNewswire/ -- CGI (TSX:GIB) (NYSE:GIB), one of the world's leading independent IT and business consulting services firms, today announced the extension of its longstanding partnership with the City of Springfield, Illinois. The partnership will support a strategic initiative to upgrade the City's enterprise resource planning (ERP) system to a modern cloud platform powered by CGI Advantage®, a proven, built-for-government ERP solution that reduces risk, lowers maintenance requirements and streamlines operations. "Moving to the cloud with CGI Advantage marks a major step forward for the City of Springfield," said Misty Buscher, Mayor of the City of Springfield. "With C
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
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom MONTRÉAL, Jan. 29, 2025 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB) announced today that its Board of Directors has authorized the renewal of its Normal Course Issuer Bid ("NCIB"), subject to approval by the Toronto Stock Exchange (the "TSX").CGI's management and Board of Directors believe that the purchase for cancellation of the Company's Class A subordinate voting shares ("Class A Shares") is a proper use of funds, and the NCIB will provide the flexibility to purchase Class A Shares from time to time as the Company considers it advisable, as part of its efforts to increase shareholder value. At the close of business on January 23, 2025
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom MONTRÉAL, Jan. 22, 2025 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB) will host its Annual General Meeting of Shareholders (the "Meeting") and release its Fiscal 2025 first quarter results on Wednesday, January 29, 2025. The Meeting will be held at 11:00 a.m. (EST) via live webcast at https://www.icastpro.ca/q0jsqn (Password: CGI2024). Shareholders will have the opportunity to participate in real time and vote at the Meeting online in the manner set forth in CGI's Management Proxy Circular, through a web-based platform, regardless of their geographic location. Only CGI shareholders of record at the close of business on Monday, December 2,