Royal Bank Of Canada Cuts CGI (TSE:GIB.A) Price Target to C$150.00

CGI (TSE:GIB.A) (NYSE:GIB) had its price target decreased by Royal Bank Of Canada from C$165.00 to C$150.00 in a research note issued to investors on Monday morning,BayStreet.CA reports. Royal Bank Of Canada currently has an outperform rating on the stock.

A number of other research analysts have also weighed in on the company. Desjardins dropped their price objective on CGI from C$169.00 to C$160.00 and set a “buy” rating on the stock in a report on Tuesday, November 4th. Raymond James Financial lowered their price target on shares of CGI from C$178.00 to C$168.00 in a research note on Thursday, November 6th. TD Securities reduced their price objective on shares of CGI from C$190.00 to C$145.00 and set a “buy” rating for the company in a research note on Friday, October 3rd. CIBC downgraded shares of CGI from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from C$146.00 to C$139.00 in a report on Monday, December 15th. Finally, Sanford C. Bernstein increased their target price on shares of CGI from C$137.00 to C$142.00 in a report on Thursday, November 6th. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of C$159.90.

CGI Trading Down 2.4%

Shares of CGI stock opened at C$117.09 on Monday. The firm has a market cap of C$25.33 billion, a price-to-earnings ratio of 15.93, a price-to-earnings-growth ratio of 2.24 and a beta of 0.23. CGI has a 52-week low of C$113.60 and a 52-week high of C$175.35. The company’s 50-day simple moving average is C$125.89 and its 200-day simple moving average is C$127.63. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 34.24.

CGI (TSE:GIB.A) (NYSE:GIB) last announced its quarterly earnings data on Wednesday, January 28th. The company reported C$2.12 EPS for the quarter. CGI had a net margin of 11.51% and a return on equity of 19.51%. The firm had revenue of C$4.08 billion during the quarter. As a group, equities research analysts anticipate that CGI will post 8.3679245 earnings per share for the current year.

CGI Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 19th were issued a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 0.6%. This is a boost from CGI’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, November 21st. CGI’s payout ratio is currently 8.16%.

More CGI News

Here are the key news stories impacting CGI this week:

• Positive Sentiment: CGI reported strong Q1 results: C$442 million in profit, C$2.12 EPS and C$4.08 billion in revenue with a healthy net margin and ROE — results that support earnings-driven valuation. CGI reports $442-million in first-quarter profit, up from a year ago
• Positive Sentiment: CGI announced a Normal Course Issuer Bid (share buyback) in its Form 6‑K, which can boost per-share metrics and signal management confidence. CGI Files Q1 FY2026 Results and Launches Normal Course Issuer Bid
• Positive Sentiment: CGI unveiled a strategic collaboration with OpenAI to help clients deploy advanced AI — a growth catalyst that could expand services, drive higher-margin AI work, and improve future revenue mix. CGI and OpenAI sign collaboration deal to help clients adopt AI across operations
• Neutral Sentiment: Scotiabank set a C$140 price target and a “sector perform” rating — this implies limited near-term upside under their view despite some upside from current levels. Scotiabank sets C$140 price target
• Negative Sentiment: Royal Bank of Canada cut its price target to C$150, which likely weighed on sentiment and selling pressure despite being above the current price — analyst downward revisions can trigger short-term declines. Royal Bank Of Canada Lowers CGI (TSE:GIB.A) Price Target to C$150.00

About CGI

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 91,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results.