Scotiabank Has Strong Estimate for CGI Group FY2026 Earnings

CGI Group, Inc. (TSE:GIB) – Equities researchers at Scotiabank lifted their FY2026 EPS estimates for CGI Group in a note issued to investors on Tuesday, August 4th. Scotiabank analyst K. Krishnaratne now expects that the company will post earnings per share of $9.02 for the year, up from their previous forecast of $8.95. Scotiabank also issued estimates for CGI Group’s FY2027 earnings at $9.78 EPS.

Several other research firms have also commented on GIB. Royal Bank Of Canada lowered CGI Group from a “moderate buy” rating to a “hold” rating in a research note on Thursday, April 30th. TD Securities cut CGI Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 23rd. Five equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

CGI Group Price 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. The company also offers application development, integration 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.