CGI (TSE:GIB.A) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Posted by Francis Steltz on Sep 10th, 2026

CGI Inc (TSE:GIB.A – Get Free Report) (NYSE:GIB)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$97.34 and traded as high as C$100.59. CGI shares last traded at C$97.42, with a volume of 544,701 shares changing hands.

More CGI News

Here are the key news stories impacting CGI this week:

Positive Sentiment: Callibrity acquisition expands growth capabilities. CGI is acquiring U.S.-based technology consulting firm Callibrity, strengthening its Cincinnati presence and adding expertise in production-ready artificial intelligence and platform engineering. The deal could help CGI win additional digital-transformation work and deepen its U.S. customer relationships. Financial terms and the immediate earnings contribution were not disclosed. CGI acquires Callibrity
Neutral Sentiment: CGI is raising C$500 million through senior unsecured notes. The private offering consists of two tranches maturing in approximately 3.25 years and 4.75 years. The financing gives CGI additional capital flexibility, potentially supporting acquisitions or other corporate needs, but management has not indicated how the proceeds will be used. CGI prices dual-tranche notes offering
Negative Sentiment: Additional borrowing could increase interest expense and leverage. Because the notes are senior unsecured debt, the offering will add fixed financing costs and could reduce financial flexibility, particularly if CGI uses the proceeds for acquisitions before those investments contribute to earnings. Investors will likely monitor the final terms, debt levels and whether Callibrity produces sufficient growth to offset the financing burden. CGI announces senior notes offering

Analyst Upgrades and Downgrades

GIB.A has been the topic of several recent analyst reports. Stifel Nicolaus raised their price objective on CGI from C$110.00 to C$120.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Desjardins increased their target price on shares of CGI from C$117.00 to C$118.00 and gave the company a “buy” rating in a report on Thursday, July 30th. TD raised their price target on shares of CGI from C$99.00 to C$118.00 and gave the company a “hold” rating in a research report on Thursday, July 30th. National Bank Financial set a C$135.00 price target on shares of CGI and gave the stock an “outperform” rating in a report on Friday, June 12th. Finally, Canadian Imperial Bank of Commerce upped their price objective on shares of CGI from C$107.00 to C$108.00 in a research report on Thursday, July 30th. Seven analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$124.23.

View Our Latest Analysis on GIB.A

CGI Trading Up 0.6%

The stock has a market capitalization of C$19.82 billion, a PE ratio of 11.89, a price-to-earnings-growth ratio of 2.24 and a beta of 0.19. The firm has a 50-day moving average price of C$99.58 and a 200-day moving average price of C$97.25. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 34.24.

CGI (TSE:GIB.A – Get Free Report) (NYSE:GIB) last issued its quarterly earnings results on Wednesday, July 29th. The company reported C$2.29 earnings per share for the quarter. The company had revenue of C$4.19 billion for the quarter. CGI had a net margin of 11.51% and a return on equity of 19.51%. As a group, equities analysts forecast that CGI Inc will post 8.3679245 EPS for the current fiscal year.

CGI Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, September 18th will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Friday, August 14th. CGI’s payout ratio is presently 6.09%.

CGI Company Profile

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Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 94,000 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.