CGI Group (TSE:GIB.A) had its price target increased by Raymond James from C$35.00 to C$38.00 in a research report sent to investors on Monday morning, AnalystRatingsNetwork reports. The firm currently has an outperform rating on the stock.
Raymond James has also updated their ratings on a number of other stocks in the last week. The firm downgraded shares of Pacific Premier Bancorp to an outperform rating. Also, Raymond James reiterated its strong-buy rating on shares of Facebook. They have a $37.00 price target on that stock. Finally, Raymond James downgraded shares of TravelCenters of America LLC from an outperform rating to a market perform rating.
A number of other firms have also recently commented on GIB.A. Analysts at RBC Capital reiterated an outperform rating on shares of CGI Group in a research note to investors on Friday, July 5th. They now have a C$38.00 price target on the stock. Separately, analysts at Societe Generale raised their price target on shares of CGI Group from C$25.00 to C$31.60 in a research note to investors on Monday, May 6th. They now have a hold rating on the stock. Finally, analysts at Salman Partners raised their price target on shares of CGI Group from C$29.30 to C$35.25 in a research note to investors on Wednesday, May 1st. They now have a buy rating on the stock.
Three investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of Buy and a consensus price target of C$35.49.
CGI Group Inc (TSE: GIB) provides information technology (IT) consulting, systems integration, IT outsourcing and business solutions.