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.
Several price targets were given for GIB by the analysts covering the stock. The maximum price target given was 62.08, implying a possible profit of 17.6 percent. The lowest price target was 29.91, implying potential capital losses of -43.34 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.72 percent on average, compared to last month. That number becomes -2.09 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.66 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.6 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 3 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of GIB to grow at a rate of -24.05 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. Today's price is 15.44 percent above the 52-week 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.