Report
Andrew Lange
EUR 147.86 For Business Accounts Only

CGI Posts Good End to Year; Clients’ Digital Agendas Driving Growth, Shares Modestly Overvalued

CGI posted a good finish to the fiscal year with the firm continuing its positive revenue growth trajectory. For the quarter and on a constant currency basis, revenue rose 2.8% year over year to $2.58 billion, reaffirming our conviction in the company’s ability to consistently post revenue growth after years of negative planned revenue run offs and contract restructurings. Like many peers, CGI is positioning to take advantage of clients’ needs for digital expertise. The company’s investments in ...
Underlying
CGI
CGI

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

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch