CGI Group Inc. (GIB) Increases to All Time High

June 29, 2018 - By Susanne Funderburg

CGI Group Inc. (NYSE:GIB) Corporate Logo

By hitting $63.19 price per share all time high was [achieved] by CGI Group Inc. (NYSE:GIB). It was reported by Barchart.com. The company has $18.06B MC. At our $65.72 price target, the company worth will be $722.20 million more.

GIB hit $63.19 during the last trading session after $0.45 change.CGI Group Inc. has volume of 79,400 shares. Since June 29, 2017 GIB has risen 23.22% and is uptrending. The stock outperformed the S&P500 by 10.65%.

Earnings report for CGI Group Inc. (NYSE:GIB) is expected on August, 1., RTT reports. Analysts forecast 22.86 % diference or $0.86 from the $0.7 EPS from 2017. If reported the P/E will be 18.37 with $245.72 million profit. 4.88 % EPS growth is what Wall Street’s sees after $0.82 reported EPS previous quarter.

Another two news for CGI Group Inc. (NYSE:GIB) were recently brought out by: Prnewswire.com on June 12, 2018 with title “CGI to present at the Scotiabank Media and Technology Conference on June 13 in Toronto, Ontario”. The other Fool.ca‘s article was titled “Should CGI Group Inc. (TSX:GIB.A) Be in Your Portfolio?” and brought out on June 26, 2018.

CGI Group Inc. provides information technology and business process services in Canada and internationally.The company has $18.06 billion market cap. It offers agile, business transformation, change management, CIO advisory, cybersecurity, data analytics, digital enterprise, project management, and industry-specific business consulting services; application development and maintenance, portfolio management, quality assurance and testing, modernization, and migration services; business-to-business and customer activities support, purchase management, revenue management, and supplier payment services; and data center facilities and management, technical service desk, printing and document management, remote infrastructure, transformation, storage as a service, data vaulting, disaster recovery and archiving as a service, bottomless edge-to-core storage, and file sync and share as a service, as well as infrastructure solutions and consulting services.The P/E ratio is 23.76. The firm also provides IT outsourcing services; and data analytics, enterprise application integration, enterprise architecture and content management, enterprise resource planning , and geospatial solutions.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.