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CGI Group (TSE:GIB.A) has received a consensus recommendation of “Buy” from the fourteen ratings firms that are currently covering the company, AnalystRatingsNetwork reports. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is C$44.93.

A number of research firms have recently commented on GIB.A. Analysts at Scotiabank reiterated a “sector perform” rating on shares of CGI Group in a research note on Tuesday, May 27th. They now have a C$44.00 price target on the stock. Separately, analysts at Salman Partners raised their price target on shares of CGI Group from C$42.50 to C$49.20 in a research note on Friday, May 2nd. Finally, analysts at Societe Generale raised their price target on shares of CGI Group from C$42.00 to C$48.00 in a research note on Friday, May 2nd.

CGI Group Inc (TSE:GIB) provides information technology (IT) consulting, systems integration, IT outsourcing and business solutions.

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