CGI (GIB)

• Market cap: $26.7B
• 1 day: -0.13%
• 5 days: 3.70%
• 1 month: 9.95%
• 3 months: 5.79%
• 6 months: 12.52%
• Year to date: 9.02%
• 1 year: 6.51%
• 5 years: 54.30%
• 10 years: 187.65%

About: CGI is a Canada-based IT-services provider with an embedded position in North America and Europe. The company generates more than CAD 14 billion in annual revenue, employs over 90,000 personnel, and operates across 400 offices in 40 countries. CGI offers a broad portfolio of services such as consulting, systems integration, application maintenance, and business process services. Its largest vertical market is government, which contributes more than a third of group revenue.

Employees: 90,250

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

234% more call options, than puts

Call options by funds: $23M | Put options by funds: $6.89M

56% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 25

44% more funds holding in top 10

Funds holding in top 10: 9 [Q2] → 13 (+4) [Q3]

10% more capital invested

Capital invested by funds: $12.2B [Q2] → $13.4B (+$1.21B) [Q3]

2% more funds holding

Funds holding: 325 [Q2] → 333 (+8) [Q3]

6% more repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 120

2.11% less ownership

Funds ownership: 59.23% [Q2] → 57.12% (-2.11%) [Q3]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $122 2% upside
• Avg. target: $145 22% upside
• High target: $178 50% upside

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

UBS Kevin Mcveigh 63% 1-year accuracy 10 / 16 met price target	3% upside $122	Neutral Maintained	3 Feb 2025
Jefferies Surinder Thind 95% 1-year accuracy 19 / 20 met price target	13% upside $135	Buy Maintained	21 Jan 2025
RBC Capital Paul Treiber 95% 1-year accuracy 18 / 19 met price target	50% upside $178	Outperform Reiterated	6 Jan 2025