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CGI Inc. (GIB) provides information technology (IT) and business process services. 
Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities.
The company also provides application development, integration and maintenance, testing, portfolio management, and modernization services; business consulting; and a suite of business process services designed to address the needs of specific industries, as well as IT infrastructure services.
It serves clients operating in government, banking and capital market, health, utility, communication and media, oil and gas, retail, consumer and services, space, manufacturing, insurance, life sciences, retail and consumer service, and transportation and logistics sectors.
Shares have formed a bullish "cup and handle" and higher share prices are expected. On February 1st, GIB reported 1st Quarter December 2022 earnings of $1.22 per share on revenue of $2.5 billion. The consensus earnings estimate was $1.19 per share on revenue of $2.5 billion. Revenue grew 3.6% on a year-over-year basis.
Entry Point: $97.50
Stop Loss: $92.50
Trading Range: $72.23 to $99.77
Target Price: $107.00
