▲ +27.45% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for CGI in the last 3 months. The average price target is $99.43, with a high forecast of $111.00 and a low forecast of $70.00. The average price target represents a 27.45% upside from the last price of $78.01.
The current consensus among 11 contributing investment analysts is to buy stock in CGI. This Buy consensus rating has held steady for over two years.
CGI Inc., together with its subsidiaries, provides information technology (IT) and business process services in Canada; Western, Southern, Central, and Eastern Europe; Australia; Scandinavia; Finland, Poland, and Baltics; the United States; the United Kingdom; and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities. The company also offers application development and maintenance, testing, portfolio management, and modernization services; business consulting; and a suite of business process services designed to address the needs of specific industries, as well as IT infrastructure services. It serves clients operating in government, financial services, health, utility, communication, oil and gas, manufacturing, retail and consumer service, transportation, and post and logistics sectors. The company was formerly known as CGI Group Inc. and changed its name to CGI Inc. in January 2019. CGI Inc. was founded in 1976 and is headquartered in Montreal, Canada.