CGI Group (TSE:GIB) Upgraded to Strong-Buy at TD Securities
by Jessica Moore · The Cerbat GemTD Securities upgraded shares of CGI Group (TSE:GIB – Free Report) to a strong-buy rating in a research note published on Wednesday morning,Zacks.com reports.
A number of other research firms have also recently commented on GIB. Scotiabank raised CGI Group to a “hold” rating in a research note on Tuesday. Jefferies Financial Group cut CGI Group from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Finally, Cibc Captl Mkts downgraded CGI Group from a “strong-buy” rating to a “hold” rating in a research report on Sunday, December 14th. One research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.
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CGI Group Price Performance
About CGI Group
CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services in Canada; Western, Southern, Central, and Eastern Europe; Australia; Scandinavia; Finland, Poland, and Baltics; the United States; the United Kingdom; and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities. The company also offers application development, integration and maintenance, testing, portfolio management, and modernization services; business consulting; and a suite of business process services designed to address the needs of specific industries, as well as IT infrastructure services.