Stock To Watch: CGI Group, Inc. (NYSE:GIB)


The leading market experts have placed a mean price target of $49.0900 on CGI Group, Inc. (NYSE:GIB) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.7000 a share for the upcoming quarter and $2.6400 for the current fiscal.

Technical View

The technical analysis of CGI Group, Inc. Common Stock plainly substantiates that the 50-day moving average of CGI Group, Inc. Common Stock is $45.2066, and stock is trading $4.0135 points away or +8.8781% from its 50-day moving average of $45.2066. Further it is trading $4.2050 or +9.3413% away its 200-day moving average of $45.0151. CGI Group, Inc. (NYSE:GIB) 52-week high is $49.5000 and the 52-week low is $31.9900.

This explains if the stock moves $-0.2799, it will post a 52-week high. In event of +53.8609% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of CGI Group, Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, CGI Group, Inc. (NYSE:GIB) ratio came in at 19.6723.

The stock last ended the trading session at $49.2201 and registered a market cap of $14.90B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. CGI Group, Inc. (NYSE:GIB) PEG ratio is at 3.8200.

1 Chart Pattern Every Investor Should Know

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