CGI Inc (GIB.A) To Go Ex-Dividend on February 14th

CGI Inc (TSE:GIB.A) (NYSE:GIB) declared a quarterly dividend on Friday, February 14th,TickerTech Dividends reports. Investors of record on Friday, March 21st will be given a dividend of 0.15 per share on Friday, March 21st. This represents a $0.60 annualized dividend and a yield of 0.35%. The ex-dividend date of this dividend is Friday, February 14th.

CGI Stock Down 0.1 %

CGI stock traded down C$0.19 during midday trading on Wednesday, hitting C$172.44. 44,990 shares of the stock were exchanged, compared to its average volume of 329,748. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 34.24. The stock has a market capitalization of C$35.14 billion, a price-to-earnings ratio of 24.12, a price-to-earnings-growth ratio of 2.24 and a beta of 0.86. CGI has a 52-week low of C$132.06 and a 52-week high of C$175.35. The business’s 50-day moving average price is C$160.66 and its 200-day moving average price is C$155.72.

Analysts Set New Price Targets

GIB.A has been the topic of a number of recent research reports. Canaccord Genuity Group upped their price target on shares of CGI from C$170.00 to C$175.00 in a research note on Thursday, November 7th. BMO Capital Markets raised their target price on shares of CGI from C$177.00 to C$190.00 and gave the stock an “outperform” rating in a research report on Thursday, January 30th. Scotiabank raised their target price on shares of CGI from C$170.00 to C$185.00 and gave the stock an “outperform” rating in a research report on Thursday, January 30th. Canaccord Genuity Group raised their target price on shares of CGI from C$175.00 to C$190.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. Finally, CIBC increased their price target on shares of CGI from C$178.00 to C$183.00 and gave the stock an “outperform” rating in a research note on Thursday, January 30th. Twelve investment analysts have rated the stock with a buy rating, According to MarketBeat, CGI presently has a consensus rating of “Buy” and an average target price of C$178.31.

About CGI

CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services in Canada, Northern Europe, France, the United States, the United Kingdom, Europe, and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities.