TSX:GIB.AIT
CGI (TSX:GIB.A): Assessing Valuation After This Year’s Share Price Reset
What is happening with CGI shares right now
CGI (TSX:GIB.A) has slid about 19% this year even as revenue and net income keep growing at mid single digit and high single digit rates, which sets up an interesting valuation reset.
See our latest analysis for CGI.
Despite the drop this year, the recent 1 month share price return of 6.23% and 1 week rebound suggest sentiment may be stabilizing as investors re weigh CGI’s steady fundamentals.
If CGI’s reset has you rethinking your tech exposure, it...