CGI Group Inc. (GIB) Trading at $63.19 Reached All-Time High

June 29, 2018 - By Alex Paulin

CGI Group Inc. (NYSE:GIB) Corporate Logo

By hitting $63.19 price per share all time high was [achieved] by CGI Group Inc. (NYSE:GIB). It was reported by Barchart.com. The company has $18.06B MC. At our $65.72 price target, the company worth will be $722.20 million more.

The stock increased 0.72% or $0.45 during the last trading session, touching $63.19.CGI Group Inc. has volume of 79,400 shares. Since June 29, 2017 GIB has risen 23.22% and is uptrending. GIB outperformed by 10.65% the S&P 500.

Investors expect CGI Group Inc. (NYSE:GIB)’s quarterly earnings on August, 1., RTT reports. EPS of $0.86 is 22.86 % up from 2017’s $0.7 EPS. In case of $0.86 EPS GIB’s profit could be $245.72M. After $0.82 EPS was revealed last quarter, analysts now see EPS growth of 4.88 % for CGI Group Inc..

Another two news for CGI Group Inc. (NYSE:GIB) were recently announced by: Prnewswire.com on June 12, 2018 with title “CGI to present at the Scotiabank Media and Technology Conference on June 13 in Toronto, Ontario”. The other Fool.ca‘s article was titled “Should CGI Group Inc. (TSX:GIB.A) Be in Your Portfolio?” and announced on June 26, 2018.

CGI Group Inc. provides information technology and business process services in Canada and internationally.The firm is worth $18.06 billion. It offers agile, business transformation, change management, CIO advisory, cybersecurity, data analytics, digital enterprise, project management, and industry-specific business consulting services; application development and maintenance, portfolio management, quality assurance and testing, modernization, and migration services; business-to-business and customer activities support, purchase management, revenue management, and supplier payment services; and data center facilities and management, technical service desk, printing and document management, remote infrastructure, transformation, storage as a service, data vaulting, disaster recovery and archiving as a service, bottomless edge-to-core storage, and file sync and share as a service, as well as infrastructure solutions and consulting services.23.76 is the P/E ratio. The firm also provides IT outsourcing services; and data analytics, enterprise application integration, enterprise architecture and content management, enterprise resource planning , and geospatial solutions.

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