TSX:GIB.AIT
CGI (TSX:GIB.A): Valuation Check After Texas DIR Win Boosts U.S. Public Sector SaaS Momentum
CGI (TSX:GIB.A) just secured a new contract with the Texas Department of Information Resources, giving public agencies streamlined access to its government focused SaaS tools and services. For investors, this quietly strengthens CGI's U.S. public sector pipeline.
See our latest analysis for CGI.
The Texas win caps a busy stretch of U.S. public sector deals and cloud milestones. Yet CGI's year to date share price return of around minus 21% and one year total shareholder return of roughly minus...