Cibc Captl Mkts lowered shares of CGI Group (TSE:GIB – Free Report) from a strong-buy rating to a hold rating in a research report released on Sunday,Zacks.com reports.
Several other brokerages have also issued reports on GIB. Jefferies Financial Group lowered CGI Group from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. TD Securities upgraded CGI Group to a “strong-buy” rating in a research note on Friday, October 3rd. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.
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CGI Group Stock Performance
About CGI Group
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.
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