CGI Group upgraded to Buy from Hold at Jefferies Jefferies upgraded CGI Group citing an attractive valuation and expectations the company's free cash flow will recover in the current quarter. The firm raised its price target for shares to $39 from $34.
News For GIB From The Last 14 Days
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CGI Group announces contract renewal with Nets CGI and Nets, a Northern European payment and card services provider, announced that they have signed a three-year outsourcing contract for operational IT and infrastructure services. The new multi-million euro contract is an extension of a partnership started in 2010. CGI has been providing infrastructure services for Nets in Finland since 2010, including a full outsourced server and a data center.