CGI Group (TSE:GIB) Upgraded at Scotiabank

Scotiabank upgraded shares of CGI Group (TSE:GIB) to a hold rating in a research report sent to investors on Tuesday,Zacks.com reports.

Other equities analysts have also issued research reports about the company. TD Securities raised CGI Group to a “strong-buy” rating in a research note on Friday, October 3rd. Cibc Captl Mkts lowered shares of CGI Group from a “strong-buy” rating to a “hold” rating in a research report on Sunday, December 14th. Finally, Jefferies Financial Group cut CGI Group from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

CGI Group Stock 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.