Headlines about CGI Group (NYSE:GIB) (TSE:GIB.A) have been trending somewhat positive on Saturday, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. CGI Group earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 46.3936304727648 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Several research analysts recently weighed in on GIB shares. Zacks Investment Research cut CGI Group from a “buy” rating to a “hold” rating in a research note on Friday, November 3rd. Royal Bank of Canada reaffirmed an “outperform” rating and set a $85.00 target price (up previously from $75.00) on shares of CGI Group in a research note on Thursday, November 9th. Finally, Scotiabank raised their target price on CGI Group from $71.00 to $72.00 and gave the company an “outperform” rating in a research note on Thursday, November 9th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. CGI Group currently has a consensus rating of “Buy” and a consensus price target of $68.75.
CGI Group (GIB) traded down $0.16 during trading hours on Friday, hitting $54.33. The company had a trading volume of 134,419 shares, compared to its average volume of 153,884. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.06 and a quick ratio of 0.72. CGI Group has a fifty-two week low of $45.81 and a fifty-two week high of $54.99. The firm has a market cap of $13,830.00, a price-to-earnings ratio of 19.97, a price-to-earnings-growth ratio of 1.93 and a beta of 0.87.
CGI Group Inc (CGI), directly or through its subsidiaries, manages information technology (IT) services, as well as business process services (BPS). The Company’s services include the management of IT and business functions (outsourcing), systems integration and consulting, as well as the sale of software solutions.
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