Overview
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 90,500 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2023 reported revenue is C$14.30 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB).
Basic Stats
The share price of CGI Inc. as of September 5, 2025 is $133.93 / share. This is an increase of 0.43% from the prior week. The market cap (or net worth) of CGI Inc. as of September 5, 2025 is $29,633.44 MM.
The Factor Analysis chart (below right) shows a view of CGI Inc. from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 29,633.44 MM |
| EV | 31,743.03 MM |
| Shares Out. | 221.26 MM |
| Earnings Date | |
| EPS (TTM) | 7.74 |
| Dividend Yield | 0.45 % |
| Ex-Dividend Date | 2025-08-15 |
| Borrow Rate | 0.83 |
| Short Shares Avail. | 0.25 MM |
| Short Interest | |
| Short Float | |
| Days to Cover | |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | -11.78 % |
| Volatility (1 yr) | 0.20 |
| Beta | 0.35 |
| Sharpe Ratio (1 yr) | -0.80 |
| Sortino Ratio (1 yr) | -1.19 |
| PE Ratio | 17.03 |
| Price/Book | 2.86 |
| Price/TBV | -14.74 |
| Book/Market | 0.35 |
| EBIT/EV | 0.07 |
| EBIT(3yr avg)/EV | 0.07 |
| ROA | 0.11 |
| ROE | 0.19 |
| ROIC | 0.12 |
| CROIC | 0.02 |
| OCROIC | 0.15 |
| Implied Volatility | |
| Put/Call OI Ratio |
| Growth | 68.82 /100 |
| Profitability | 75.75 /100 |
| Quality Score | 66.22 /100 |
| Value Score | 76.45 /100 |
| Momentum Score | 31.08 /100 |
| Stability (Low Vol) Score | 87.91 /100 |
| Analyst Sentiment | 77.41 /100 |
| Fund Sentiment | 27.62 /100 |
| Insider Sentiment | |
| Officer Sentiment | |
| Dividend Score | 17.52 /100 |
| QVM Score | |
| Piotroski F-SCORE | 6.00 /9 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for CGI Inc. is $169.49. The forecasts range from a low of $116.15 to a high of $194.25. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for CGI Inc.. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2016-04-28 | TD Securities | Buy | Maintains | |
| 2022-12-12 | CIBC Capital Markets | Outperform | Upgrade | |
| 2022-11-10 | TD Research | Buy | Maintains | |
| 2022-11-10 | Scotiabank Capital | Outperform | Maintains | |
| 2022-11-10 | Raymond James Capital | Outperform | Upgrade | |
| 2022-11-10 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-11-10 | BMO Financial | Outperform | Maintains | |
| 2022-09-16 | Scotiabank Capital | Outperform | Initiate | |
| 2022-08-19 | Morningstar Inc. | Hold | Maintains | |
| 2022-08-10 | Morningstar | Hold | Upgrade | |
| 2022-07-28 | TD Research | Buy | Upgrade | |
| 2022-07-28 | RBC Royalbank | Outperform | Upgrade | |
| 2022-07-28 | BMO Financial | Upgrade | ||
| 2022-07-27 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-04-29 | Societe Generale | Buy | Upgrade | |
| 2022-04-28 | RBC Royalbank | Outperform | Downgrade | |
| 2022-04-28 | Raymond James Capital | Outperform | Initiate | |
| 2022-04-28 | Canaccord Capital | Buy | Upgrade | |
| 2022-04-28 | BMO Financial | Outperform | Downgrade | |
| 2022-03-17 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-02-03 | Scotiabank Capital | Outperform | Upgrade | |
| 2022-02-03 | Raymond James Financial | Outperform | Initiate | |
| 2022-02-02 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-01-21 | Scotiabank Capital | Outperform | Initiate | |
| 2021-12-16 | Scotiabank Capital | Outperform | Maintains | |
| 2021-12-07 | ScotiaBankFinancial | Outperform | Maintains | |
| 2021-11-23 | CIBC WM | Outperform | Upgrade | |
| 2021-11-12 | Desjardins Securities | Buy | Upgrade | |
| 2021-11-11 | ScotiaBankFinancial | Outperform | Upgrade | |
| 2021-11-11 | RBCRoyalBank | Outperform | Maintains | |
| 2021-11-11 | RaymondJamesFinancial | Outperform | Upgrade | |
| 2021-11-11 | CIBCWG | Outperform | Upgrade | |
| 2021-11-10 | CIBC WG | Outperform | Maintains | |
| 2021-10-28 | RBC Capital | Buy | Reiterate | |
| 2021-10-26 | Scotiabanks | Downgrade | ||
| 2021-10-26 | Sbank | Outperform | Downgrade | |
| 2021-10-05 | Sbank | Outperform | Initiate | |
| 2021-09-24 | CIBC World Markets | Outperform | Maintains | |
| 2021-09-14 | Bank of America | Buy | Underperform | Downgrade |
| 2021-07-30 | Raymond James Financial | Outperform | Upgrade | |
| 2021-07-30 | Canaccord Genuity | Upgrade | ||
| 2021-07-29 | Sbank | Outperform | Upgrade | |
| 2021-07-29 | RBC Capital | Outperform | Upgrade | |
| 2021-07-26 | Sbank | Buy | Upgrade | |
| 2021-07-15 | CIBC World Markets | Outperform | Upgrade | |
| 2021-07-07 | TD Securities | Buy | Upgrade | |
| 2021-07-06 | RBC Capital | Outperform | Maintains | |
| 2021-06-24 | CIBC World Markets | Neutral | Maintains | |
| 2021-05-11 | RBC Capital | Neutral | Maintains | |
| 2021-04-29 | TD Securities | Buy | Upgrade | |
| 2021-04-29 | Sbank | Outperform | Upgrade | |
| 2021-04-29 | RBC Capital | Outperform | Upgrade | |
| 2021-04-29 | Raymond James Financial | Outperform | Upgrade | |
| 2021-04-29 | CIBC World Markets | Neutral | Upgrade | |
| 2021-04-29 | BMO Capital Markets | Outperform | Upgrade | |
| 2021-04-28 | CIBC World Markets | Neutral | Maintains | |
| 2021-04-23 | Sbank | Outperform | Upgrade | |
| 2021-04-05 | RBC Capital | Outperform | Maintains | |
| 2021-03-04 | Edward Jones | Buy | Upgrade | |
| 2021-01-28 | TD Securities | Buy | Upgrade | |
| 2021-01-28 | RBC Capital | Outperform | Upgrade | |
| 2021-01-28 | Raymond James Financial | Outperform | Upgrade | |
| 2021-01-28 | National Bank Financial | Outperform | Upgrade | |
| 2021-01-13 | Raymond James Financial | Outperform | Maintains | |
| 2021-01-06 | CIBC World Markets | Upgrade | ||
| 2020-11-12 | Sbank | Upgrade | ||
| 2020-11-12 | Raymond James Financial | Outperform | Upgrade | |
| 2020-11-03 | Sbank | Downgrade | ||
| 2020-08-02 | PI Financial | Neutral | Upgrade | |
| 2020-07-30 | TD Securities | Buy | Upgrade | |
| 2020-07-30 | National Bank Financial | Outperform | Upgrade | |
| 2020-07-30 | Eight Capital | Upgrade | ||
| 2020-07-27 | PI Financial | Neutral | Initiate | |
| 2020-06-15 | CIBC World Markets | Upgrade | ||
| 2020-04-28 | TD Securities | Buy | Downgrade | |
| 2020-04-28 | Canaccord Genuity | Downgrade | ||
| 2020-04-27 | RBC Capital | Outperform | Downgrade | |
| 2020-04-27 | PI Financial | Neutral | Initiate | |
| 2020-04-24 | National Bank Financial | Outperform | Downgrade | |
| 2020-04-22 | Raymond James Financial | Outperform | Downgrade | |
| 2020-04-14 | Wells Fargo | Downgrade | ||
| 2020-03-23 | Sbank | Sector Perform | Outperform | Upgrade |
| 2020-01-30 | Wells Fargo | Downgrade | ||
| 2020-01-30 | TD Securities | Buy | Downgrade | |
| 2020-01-28 | PI Financial | Neutral | Upgrade | |
| 2020-01-27 | Eight Capital | Upgrade | ||
| 2020-01-24 | RBC Capital | Outperform | Upgrade | |
| 2020-01-23 | BMO Capital Markets | Upgrade | ||
| 2020-01-20 | Raymond James Financial | Outperform | Initiate | |
| 2020-01-10 | TD Securities | Buy | Upgrade | |
| 2019-11-07 | TD Securities | Buy | Upgrade | |
| 2019-11-07 | BMO Capital Markets | Upgrade | ||
| 2019-11-06 | Raymond James Financial | Outperform | Initiate | |
| 2019-10-21 | Raymond James Financial | Outperform | Initiate | |
| 2019-10-08 | Desjardins | Hold | Buy | Upgrade |
| 2019-09-20 | Barclays | Overweight | Initiate | |
| 2019-08-01 | TD Securities | Buy | Upgrade | |
| 2019-08-01 | RBC Capital | Outperform | Upgrade | |
| 2019-08-01 | Raymond James Financial | Outperform | Initiate | |
| 2019-08-01 | Canaccord Genuity | Upgrade | ||
| 2019-07-30 | Eight Capital | Upgrade | ||
| 2019-07-26 | CIBC World Markets | Upgrade | ||
| 2019-07-24 | Raymond James Financial | Upgrade | ||
| 2019-06-13 | CIBC World Markets | Upgrade | ||
| 2019-05-23 | Bank of America | Buy | Initiate | |
| 2019-05-02 | RBC Capital | Outperform | Upgrade | |
| 2019-05-02 | Raymond James Financial | Outperform | Initiate | |
| 2019-04-16 | RBC Capital | Outperform | Upgrade | |
| 2019-04-15 | Raymond James Financial | Outperform | Upgrade | |
| 2019-03-12 | CIBC World Markets | Upgrade | ||
| 2019-01-16 | BMO Capital Markets | Outperform | Initiate | |
| 2019-01-08 | Raymond James Financial | Outperform | Initiate | |
| 2018-12-04 | BMO Capital Markets | Buy | Outperform | Initiate |
| 2018-11-08 | RBC Capital | Outperform | Upgrade | |
| 2018-11-08 | Eight Capital | Upgrade | ||
| 2018-11-08 | Barclays | Buy | Average | Upgrade |
| 2018-10-31 | Desjardins Securities | Hold | Buy | Upgrade |
| 2018-08-02 | TD Securities | Buy | Upgrade | |
| 2018-08-02 | Eight Capital | Upgrade | ||
| 2018-08-02 | Barclays | Upgrade | ||
| 2018-07-25 | Desjardins Securities | Buy | Hold | Downgrade |
| 2018-07-25 | BMO Capital Markets | Outperform | Initiate | |
| 2018-05-03 | TD Securities | Buy | Upgrade | |
| 2018-05-03 | Sbank | Outperform | Upgrade | |
| 2018-05-03 | RBC Capital | Upgrade | ||
| 2018-05-03 | Raymond James Financial | Outperform | Upgrade | |
| 2018-05-03 | Eight Capital | Upgrade | ||
| 2018-05-03 | CIBC World Markets | Upgrade | ||
| 2018-05-03 | BMO Capital Markets | Upgrade | ||
| 2018-05-03 | Barclays | Overweight | Overweight | Maintains |
| 2018-02-01 | TD Securities | Buy | Upgrade | |
| 2018-02-01 | Raymond James Financial | Outperform | Upgrade | |
| 2018-02-01 | National Bank Financial | Outperform | Upgrade | |
| 2018-02-01 | BMO Capital Markets | Outperform | Initiate | |
| 2018-02-01 | Barclays | Upgrade | ||
| 2018-01-26 | RBC Capital | Outperform | Upgrade | |
| 2018-01-23 | BMO Capital Markets | Upgrade | ||
| 2018-01-15 | Raymond James Financial | Outperform | Upgrade | |
| 2017-11-09 | RBC Capital | Outperform | Upgrade | |
| 2017-10-30 | Raymond James Financial | Outperform | Upgrade | |
| 2017-08-23 | National Bank Financial | Outperform | Reiterate | |
| 2017-08-03 | Barclays | Overweight | Maintains | |
| 2017-07-19 | Eight Capital | Buy | Neutral | Downgrade |
| 2017-05-04 | Sbank | Outperform | Maintains | |
| 2017-03-30 | Desjardins Securities | Buy | Maintains | |
| 2017-02-02 | Raymond James Financial | Outperform | Maintains | |
| 2017-02-02 | National Bank Financial | 80 | Maintains | |
| 2016-12-16 | Goldman Sachs | Neutral | Sell | Downgrade |
| 2016-11-14 | Jefferies | Hold | Maintains | |
| 2016-11-10 | TD Securities | Buy | Maintains | |
| 2016-11-10 | Societe Generale | Buy | Hold | Downgrade |
| 2016-11-10 | Sbank | Outperform | Maintains | |
| 2016-11-10 | RBC Capital | Outperform | Maintains | |
| 2016-11-10 | Raymond James Financial | 72 | Maintains | |
| 2016-11-10 | Goldman Sachs | 67 | Maintains | |
| 2016-11-10 | Dundee Securities | Buy | Maintains | |
| 2016-11-10 | Dundee | Buy | Maintains | |
| 2016-11-10 | Desjardins Securities | Buy | Maintains | |
| 2016-11-10 | BMO Capital Markets | 74 | Maintains | |
| 2016-11-10 | Barclays | Overweight | Maintains | |
| 2016-10-05 | Sbank | Outperform | Maintains | |
| 2016-09-27 | Macquarie | Neutral | Initiate | |
| 2016-08-19 | CIBC World Markets | Outperform | Maintains | |
| 2016-08-01 | Jefferies | Hold | Maintains | |
| 2016-07-28 | TD Securities | Buy | Maintains | |
| 2016-07-28 | Goldman Sachs | 68 | Maintains | |
| 2016-07-28 | Desjardins Securities | 67.5 | Maintains | |
| 2016-07-28 | Canaccord Genuity | 70 | Maintains | |
| 2016-07-28 | BMO Capital Markets | 68 | Maintains | |
| 2016-07-28 | Barclays | 68 | Maintains | |
| 2016-06-28 | TD Securities | Buy | Maintains | |
| 2016-05-27 | Desjardins | Hold | Buy | Upgrade |
| 2016-05-03 | Canaccord Genuity | Buy | Maintains | |
| 2016-04-28 | Societe Generale | 70 | Maintains | |
| 2016-04-28 | Goldman Sachs | Neutral | Maintains | |
| 2016-04-28 | Deutsche Bank | 37 | Maintains | |
| 2016-04-28 | Credit Suisse | Outperform | Maintains | |
| 2016-04-28 | BMO Capital Markets | Outperform | Maintains | |
| 2016-04-04 | TD Securities | Buy | Initiate | |
| 2016-03-23 | Dundee Securities | Buy | Maintains | |
| 2016-01-28 | Sbank | Outperform | Maintains | |
| 2016-01-28 | RBC Capital | Outperform | Maintains | |
| 2016-01-28 | Raymond James Financial | Outperform | Maintains | |
| 2016-01-28 | BMO Capital Markets | Outperform | Maintains | |
| 2016-01-28 | Barclays | Overweight | Maintains | |
| 2015-12-21 | Jefferies | Hold | Maintains | |
| 2015-11-13 | Credit Suisse | Outperform | Maintains | |
| 2015-11-12 | Societe Generale | Hold | Buy | Upgrade |
| 2015-11-04 | Desjardins | Hold | Buy | Upgrade |
| 2015-07-30 | Barclays | Overweight | Maintains | |
| 2015-07-28 | Barclays | Overweight | Maintains | |
| 2015-06-02 | GMP Securities | Buy | Hold | Downgrade |
| 2015-05-05 | Jefferies | Hold | Maintains | |
| 2015-05-01 | BMO Capital Markets | Outperform | Maintains | |
| 2015-04-28 | Societe Generale | Buy | Hold | Downgrade |
| 2015-02-24 | Sbank | 61 | Maintains | |
| 2015-01-29 | Jefferies | Buy | Hold | Downgrade |
| 2015-01-26 | Barclays | Outperform | Maintains | |
| 2015-01-22 | TD Securities | Buy | Maintains | |
| 2015-01-15 | Sbank | Sector Perform | Sector Outperform | Upgrade |
| 2015-01-08 | RBC Capital | Outperform | Maintains | |
| 2014-11-18 | Barclays | Outperform | Maintains | |
| 2014-11-14 | Raymond James Financial | Outperform | Maintains | |
| 2014-11-11 | BMO Capital Markets | Outperform | Maintains | |
| 2014-09-30 | Goldman Sachs | Buy | Neutral | Downgrade |
| 2014-07-31 | Global Maxfin | Strong Buy | Maintains | |
| 2014-07-11 | Credit Suisse | Outperform | Maintains | |
| 2014-05-02 | Societe Generale | Buy | Maintains | |
| 2014-05-02 | Salman Partners | Buy | Maintains | |
| 2014-05-01 | TD Securities | Action Buy List | Buy | Maintains |
| 2014-05-01 | Sbank | Sector Perform | Sector Outperform | Upgrade |
| 2014-05-01 | RBC Capital | Outperform | Maintains | |
| 2014-05-01 | Raymond James Financial | Outperform | Maintains | |
| 2014-05-01 | Paradigm Capital | Buy | Maintains | |
| 2014-05-01 | CIBC World Markets | 48 | Maintains | |
| 2014-02-20 | Jefferies | Hold | Buy | Upgrade |
| 2014-02-18 | CIBC World Markets | Sector Perform | Sector Outperform | Maintains |
| 2014-02-03 | Jefferies | Hold | Maintains | |
| 2014-01-30 | TD Securities | Buy | Action List Buy | Upgrade |
| 2014-01-30 | Societe Generale | Hold | Hold | Maintains |
| 2014-01-30 | Sbank | 42 | Maintains | |
| 2014-01-30 | RBC Capital | Outperform | Maintains | |
| 2014-01-22 | Sbank | 45 | Maintains | |
| 2013-12-20 | CIBC World Markets | Reiterate | ||
| 2013-11-15 | TD Securities | Buy | Maintains | |
| 2013-11-15 | Societe Generale | Hold | Maintains | |
| 2013-11-15 | Sbank | 47 | Maintains | |
| 2013-11-15 | RBC Capital | Outperform | Maintains | |
| 2013-11-15 | Raymond James Financial | Outperform | Maintains | |
| 2013-11-15 | Paradigm Capital | Buy | Maintains | |
| 2013-11-15 | CIBC World Markets | Sector Perform | Maintains | |
| 2013-11-15 | Cantor Fitzgerald | Buy | Maintains | |
| 2013-11-15 | BMO Capital Markets | Outperform | Maintains | |
| 2013-11-04 | Paradigm Capital | Buy | Upgrade | |
| 2013-10-17 | Jefferies | Hold | Initiate | |
| 2013-10-16 | Jefferies | Hold | Initiate | |
| 2013-08-02 | Sbank | 41 | Maintains | |
| 2013-08-02 | Deutsche Bank | Hold | Maintains | |
| 2013-08-02 | BMO Capital Markets | Outperform | Maintains | |
| 2013-08-01 | TD Securities | Buy | Maintains | |
| 2013-08-01 | RBC Capital | Outperform | Maintains | |
| 2013-08-01 | Raymond James Financial | 40 | Maintains | |
| 2013-08-01 | Paradigm Capital | 37.5 | Maintains | |
| 2013-08-01 | Cantor Fitzgerald | 40 | Maintains | |
| 2013-07-22 | Raymond James Financial | Outperform | Maintains | |
| 2013-05-28 | Clarus Securities | Buy | Initiate | |
| 2013-05-06 | Societe Generale | Hold | Maintains | |
| 2013-05-02 | Salman Partners | Buy | Maintains | |
| 2013-05-01 | RBC Capital | Outperform | Maintains | |
| 2013-05-01 | Raymond James Financial | Outperform | Maintains | |
| 2013-05-01 | National Bank Financial | 40 | Maintains | |
| 2013-05-01 | CIBC World Markets | 37 | Maintains | |
| 2013-05-01 | Cantor Fitzgerald | Buy | Maintains | |
| 2013-05-01 | BMO Capital Markets | Outperform | Maintains | |
| 2013-04-22 | Raymond James Financial | 30.5 | Maintains | |
| 2013-04-15 | RBC Capital | Sector Perform | Outperform | Upgrade |
| 2013-03-18 | RBC Capital | Sector Perform | Maintains | |
| 2013-03-04 | CIBC World Markets | Sector Outperform | Maintains | |
| 2013-02-01 | Salman Partners | 29.3 | Maintains | |
| 2013-01-31 | TD Securities | Buy | Maintains | |
| 2013-01-31 | Sbank | 29 | Maintains | |
| 2013-01-31 | Raymond James Financial | 29 | Maintains | |
| 2013-01-31 | Paradigm Capital | 31 | Maintains | |
| 2013-01-31 | CIBC World Markets | 31 | Maintains | |
| 2013-01-31 | BMO Capital | Outperform | Maintains | |
| 2013-01-29 | BMO Capital | Outperform | Maintains | |
| 2012-11-29 | ||||
| 2012-10-25 | Cantor Fitzgerald | Buy | Initiate | |
| 2012-09-04 | Goldman Sachs | Buy | Maintains | |
| 2012-06-01 | Paradigm Capital | Hold | Downgrade | |
| 2012-05-30 | Desjardins | Buy | Upgrade | |
| 2023-04-12 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-03-23 | CIBC CAPITAL MARKETS | Neutral | Outperform | Upgrade |
| 2023-03-13 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2023-02-02 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-02-01 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-02-01 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-02-01 | STIFEL CANADA | Buy | Buy | Maintains |
| 2023-02-01 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2022-08-01 | SOCIETE GENERALE | Hold | Buy | Upgrade |
| 2022-05-10 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2022-03-15 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2022-02-03 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2021-11-23 | SOCIETE GENERALE | Sell | Hold | Upgrade |
| 2021-08-20 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2021-06-24 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
| 2021-04-28 | STIFEL CANADA | Buy | Buy | Maintains |
| 2021-04-01 | SOCIETE GENERALE | Sell | Sell | Maintains |
| 2023-05-01 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2023-05-01 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-04-26 | SOCIETE GENERALE | Buy | Hold | Downgrade |
| 2023-04-26 | STIFEL CANADA | Buy | Buy | Maintains |
| 2023-04-25 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-04-25 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-04-25 | CIBC CAPITAL MARKETS | Neutral | Outperform | Upgrade |
| 2023-04-25 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-04-25 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2022-07-31 | SOCIETE GENERALE | Hold | Buy | Upgrade |
| 2022-05-09 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2022-03-14 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2022-02-02 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2021-11-22 | SOCIETE GENERALE | Hold | Hold | Maintains |
| 2021-08-19 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2021-06-23 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
| 2021-04-27 | STIFEL CANADA | Buy | Buy | Maintains |
| 2023-07-27 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-07-26 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-07-26 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-07-26 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2023-07-25 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-07-25 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-07-25 | STIFEL CANADA | Buy | Buy | Maintains |
| 2023-07-25 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-12-19 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-12-19 | STIFEL CANADA | Buy | Buy | Maintains |
| 2023-12-06 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-11-22 | SOCIETE GENERALE | Hold | Sell | Downgrade |
| 2023-11-14 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-11-09 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-11-08 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-11-08 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-07-28 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-07-27 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-07-27 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-07-27 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2023-07-26 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-07-26 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-07-26 | STIFEL CANADA | Buy | Buy | Maintains |
| 2023-07-26 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-05-02 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2023-05-02 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-04-27 | SOCIETE GENERALE | Buy | Hold | Downgrade |
| 2023-04-27 | STIFEL CANADA | Buy | Buy | Maintains |
| 2023-04-26 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-04-26 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-04-26 | CIBC CAPITAL MARKETS | Neutral | Outperform | Upgrade |
| 2023-04-26 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-04-26 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2021-11-23 | SOCIETE GENERALE | Hold | Hold | Maintains |
| 2023-11-08 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2024-08-01 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2024-07-31 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2024-07-30 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2024-07-30 | CIBC CAPITAL MARKETS | Outperform | Neutral | Downgrade |
| 2024-07-30 | STIFEL CANADA | Buy | Buy | Maintains |
| 2024-07-30 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2024-06-19 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2024-01-31 | SOCIETE GENERALE | Sell | Sell | Maintains |
| 2024-01-30 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-12-18 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-12-18 | STIFEL CANADA | Buy | Buy | Maintains |
| 2023-12-05 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-11-21 | SOCIETE GENERALE | Hold | Sell | Downgrade |
| 2023-11-13 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-11-07 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-11-07 | TD SECURITIES | Buy | Buy | Maintains |
| 2025-04-07 | JEFFERIES | Buy | Buy | Maintains |
| 2025-04-02 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2025-04-02 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2025-03-30 | STIFEL CANADA | Buy | Buy | Maintains |
| 2025-03-30 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2025-03-20 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2025-01-31 | CANACCORD GENUITY | Buy | Buy | Maintains |
| 2025-01-29 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2025-01-28 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2024-12-18 | CIBC CAPITAL MARKETS | Neutral | Outperform | Upgrade |
| 2024-12-18 | STIFEL CANADA | Buy | Buy | Maintains |
| 2024-12-11 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2024-12-10 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2024-12-10 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2024-11-11 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2024-11-05 | CANACCORD GENUITY | Buy | Buy | Maintains |
| 2024-11-05 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2024-09-25 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
| 2025-07-06 | JEFFERIES | Buy | Buy | Maintains |
| 2025-06-23 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2025-05-28 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2025-05-04 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2025-04-29 | CANACCORD GENUITY | Buy | Buy | Maintains |
| 2025-04-29 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2025-04-29 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2025-04-29 | STIFEL CANADA | Buy | Buy | Maintains |
| 2025-04-29 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
