Partnership Announcement: CGI has entered a strategic partnership with Kesko to enhance digital transformation in the retail sector, focusing on various IT services and digital development initiatives.
Goals of the Partnership: Kesko aims to lead in digital services within retail by utilizing advanced technologies like automation and AI to improve productivity and business growth.
CGI's Expertise: CGI, a major independent IT and business consulting firm, offers a wide range of services including systems integration and managed IT, leveraging its global presence to support clients' digital transformations.
Company Background: Founded in 1976, CGI employs around 93,000 professionals worldwide and reported revenues of CA$14.68 billion for fiscal 2024, with shares listed on both TSX and NYSE.
GIB
$90.91+Infinity%1D
Analyst Views on GIB
Wall Street analysts forecast GIB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GIB is 106.11 USD with a low forecast of 81.00 USD and a high forecast of 118.18 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
Wall Street analysts forecast GIB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GIB is 106.11 USD with a low forecast of 81.00 USD and a high forecast of 118.18 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Buy
2 Hold
0 Sell
Strong Buy
Current: 90.980
Low
81.00
Averages
106.11
High
118.18
Current: 90.980
Low
81.00
Averages
106.11
High
118.18
CIBC
Outperformer -> Neutral
downgrade
$139
2025-12-14
New
Reason
CIBC
Price Target
$139
2025-12-14
New
downgrade
Outperformer -> Neutral
Reason
CIBC downgraded CGI to Neutral from Outperformer with a C$139 price target.
Jefferies
Buy
to
Hold
downgrade
$105 -> $81
2025-11-10
Reason
Jefferies
Price Target
$105 -> $81
2025-11-10
downgrade
Buy
to
Hold
Reason
Jefferies downgraded CGI to Hold from Buy with a price target of $81, down from $105. The company's organic growth is lagging peers due to its greater exposure to underperforming regions and verticals, the analyst tells investors in a research note. Jefferies believes CGI's industry trends are unlikely to improve in 2026, creating downside risk to consensus estimates.
Stifel
Suthan Sukumar
Buy
downgrade
$185 -> $160
2025-11-06
Reason
Stifel
Suthan Sukumar
Price Target
$185 -> $160
2025-11-06
downgrade
Buy
Reason
Stifel analyst Suthan Sukumar lowered the firm's price target on CGI to C$160 from C$185 and keeps a Buy rating on the shares.
CIBC
Outperformer
to
NULL
downgrade
$180 -> $149
2025-10-29
Reason
CIBC
Price Target
$180 -> $149
2025-10-29
downgrade
Outperformer
to
NULL
Reason
CIBC lowered the firm's price target on CGI to C$149 from C$180 and keeps an Outperformer rating on the shares.
About GIB
CGI Inc. is a Canada-based independent information technology (IT) and business consulting services company. It 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. Its segments include Western and Southern Europe (France, Portugal and Spain); United States (U.S.) Commercial and State Government; U.S. Federal; Canada; Scandinavia, Northwest and Central-East Europe (primarily Sweden, Netherlands, Norway, Denmark and Czech Republic); United Kingdom (U.K.) and Australia; Germany; Finland, Poland and Baltics; and Asia Pacific Global Delivery Centers of Excellence (mainly India and Philippines) (Asia Pacific). It works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. It also has a presence in other European countries and Morocco.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
