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CGI Inc T.GIB.A

Alternate Symbol(s):  GIB

CGI Inc. is a Canada-based information technology (IT) and business consulting services firm. The Company delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. Its segments include Western and Southern Europe (primarily France, Spain and Portugal); United States (U.S.) Commercial and State Government; Canada; U.S. Federal; Scandinavia and Central Europe (Germany, Sweden and Norway); United Kingdom (U.K.) and Australia; Finland, Poland and Baltics; Northwest and Central-East Europe (primarily Netherlands, Denmark and Czech Republic); and Asia Pacific Global Delivery Centers of Excellence (mainly India and Philippines) (Asia Pacific). The Company also specializes in digital transformation, data analytics and managed services in Miami. The Company works with clients through a local relationship model complemented by a global delivery network.


TSX:GIB.A - Post by User

Bullboard Posts
Post by ahson Nov 11, 2014 6:54pm
259 Views
Post# 23118939

Why down $.92 today?

Why down $.92 today?I suppose it is because Deutsche Bank gave it a sell rating on Monday with a target price of $24.00 (US)  This is hugely below that given by any other analysts.  
I have noticed in other cases that 
Deutsche is way out of line with others and it gives me cause to wonder if something else is at play.   
It seems to be analysts are all out to lunch (and should stay there) but there is no doubt the market reacts to them in the short term.
Bullboard Posts