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CGI (TSE:GIB.A) Hits New 12-Month Low – Should You Sell?
['Logan Wallace']
Ticker Report
Shares of CGI Inc (TSE:GIB.A – Get Free Report) (NYSE:GIB) hit a new 52-week low on Wednesday .
Sanford C. Bernstein increased their price target on CGI from C$137.00 to C$142.00 in a report on Thursday, November 6th.
Finally, Scotiabank set a C$140.00 target price on CGI and gave the company a “sector perform” rating in a research note on Tuesday.
According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$159.90.
As a group, equities research analysts predict that CGI Inc will post 8.3679245 earnings per share for the current year.