Report
Andrew Lange
EUR 100.00 For Business Accounts Only

We Believe CGI's Narrow Economic Moat Stems From Significant Switching Costs

CGI’s second-quarter results were mostly within our expectations, although we were buoyed by more positive sentiment around the firm’s operations in the United Kingdom and ongoing booking growth for consulting and systems integration services. Consulting and SI bookings accounted for 71% of the company’s quarterly bookings, and 42% of these signings were for new business, which illustrates CGI’s ability to meet clients’ demand for end-to-end digital transformation services. Furthermore, on the c...
Underlying
CGI Inc. Class A

CGI Group is engaged in managing information technology services, including outsourcing, systems integration and consulting, software licenses and maintenance, as well as business process services to help clients realize their strategies and create added value.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Andrew Lange

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