TD Securities downgraded shares of CGI Group (TSE:GIB – Free Report) from a strong-buy rating to a hold rating in a report issued on Thursday,Zacks.com reports.
Separately, Royal Bank Of Canada downgraded CGI Group from a “moderate buy” rating to a “hold” rating in a report on Thursday, April 30th. Five research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.
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CGI Group Stock Performance
CGI Group Company Profile
CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services in Canada; Western, Southern, Central, and Eastern Europe; Australia; Scandinavia; Finland, Poland, and Baltics; the United States; the United Kingdom; and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities. The company also offers application development, integration and maintenance, testing, portfolio management, and modernization services; business consulting; and a suite of business process services designed to address the needs of specific industries, as well as IT infrastructure services.
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