Press coverage about CGI Group (NYSE:GIB) (TSE:GIB.A) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CGI Group earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 46.1208913570221 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of CGI Group (GIB) traded up $0.07 on Thursday, reaching $53.10. The company’s stock had a trading volume of 191,043 shares, compared to its average volume of 160,875. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.06 and a quick ratio of 0.72. The firm has a market cap of $13,510.00, a P/E ratio of 19.52, a PEG ratio of 1.93 and a beta of 0.87. CGI Group has a 52 week low of $45.81 and a 52 week high of $54.99.
GIB has been the subject of several research reports. Zacks Investment Research upgraded CGI Group from a “hold” rating to a “buy” rating and set a $58.00 price objective for the company in a research report on Wednesday, October 4th. Scotiabank lifted their price objective on CGI Group from $71.00 to $72.00 and gave the stock an “outperform” rating in a research report on Thursday, November 9th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $85.00 price objective (up from $75.00) on shares of CGI Group in a research report on Thursday, November 9th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $68.75.
CGI Group Company Profile
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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