Analyst Ratings for CGI Group Inc. Cl A (GIB)Updated: 2017-07-27
Analysts covering CGI Group Inc. Cl A (NYSE:GIB) have given it a consensus rating of Overweight. Last month, GIB received an average rating of Overweight.
14 analysts declared GIB a buy, 2 gave an overweight rating, 5 issued a hold rating, 0 issued an underweight rating, and 2 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for GIB. The most optimistic price target was 62.08, implying potential capital gains of 17.6 percent. The most pessimistic price target was 29.91, implying a possible loss of -43.34 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.72 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -2.09 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.66 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.6 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of GIB's earnings is estimated by analysts to be -24.05 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. GIB has a PEG ratio of -0.61.
GIB has traded between a high of 53.65 and a low of 45.73 over the past year. Currently the stock is 15.44 percent higher than its low, and below the high by 1.6 percent. GIB has a P/E ratio of 14.75. Investors typically compare the P/E ratio to a company's peers in the industry. The GIB value stock report compares GIB to some of its peers using value stock charts. The market cap of GIB is $19.75 billion. GIB will post this quarters earnings in days, on 0000-00-00.