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 30 August 2021 is CA$110.00 / share. The market cap (or net worth) of CGI Inc. as of 5 September 2025 is CA$24,338.67 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 | 24,338.67 MM |
| EV | 26,912.91 MM |
| Shares Out. | 221.26 MM |
| Earnings Date | |
| EPS (TTM) | 7.74 |
| Dividend Yield | |
| Ex-Dividend Date | 2025-08-15 |
| Borrow Rate | |
| Short Shares Avail. | |
| Short Interest | |
| Short Float | |
| Days to Cover | |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | |
| Volatility (1 yr) | |
| Beta | |
| Sharpe Ratio (1 yr) | |
| Sortino Ratio (1 yr) |
| PE Ratio | 14.21 |
| Price/Book | 2.38 |
| Price/TBV | -12.30 |
| Book/Market | 0.42 |
| EBIT/EV | 0.09 |
| EBIT(3yr avg)/EV | 0.08 |
| 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 | 75.76 /100 |
| Quality Score | 63.11 /100 |
| Value Score | 81.26 /100 |
| Momentum Score | |
| Stability (Low Vol) Score | |
| Analyst Sentiment | |
| Fund Sentiment | 27.62 /100 |
| Insider Sentiment | |
| Officer Sentiment | |
| Dividend Score | |
| 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 CA$180.60. The forecasts range from a low of CA$138.41 to a high of CA$203.14. 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 |
|---|---|---|---|---|
| 2023-07-26 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-07-25 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-07-25 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2019-01-16 | BMO Capital Markets | Outperform | Initiate | |
| 2019-01-08 | Raymond James Financial | Outperform | Initiate | |
| 2018-11-08 | Eight Capital | 86 | 88 | Upgrade |
| 2018-11-08 | Barclays | Buy | Average | Upgrade |
| 2018-10-31 | Desjardins Securities | Hold | Buy | Upgrade |
| 2018-08-02 | Eight Capital | 80 | 86 | Upgrade |
| 2018-08-02 | Barclays | 83 | 89 | Upgrade |
| 2018-07-25 | Desjardins Securities | Buy | Hold | Downgrade |
| 2018-07-25 | BMO Capital Markets | Outperform | Initiate | |
| 2018-05-03 | BMO Capital Markets | 78 | 85 | Upgrade |
| 2018-05-03 | Eight Capital | 77 | 80 | Upgrade |
| 2018-05-03 | CIBC World Markets | 80 | 83 | Upgrade |
| 2018-05-03 | RBC Capital | 82 | 84 | Upgrade |
| 2018-05-03 | Barclays | Overweight | Overweight | Maintains |
| 2023-07-25 | STIFEL CANADA | Buy | Buy | 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 | 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 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-07-26 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-07-26 | 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 |
| 2020-01-27 | Eight Capital | 106 | 120 | Upgrade |
| 2020-01-23 | BMO Capital Markets | 117 | 125 | Upgrade |
| 2023-07-25 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-05-02 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2023-05-02 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-05-01 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2023-05-01 | 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 | SOCIETE GENERALE | Buy | Hold | Downgrade |
| 2023-04-26 | 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 |
| 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 |
| 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 |
| 2022-11-10 | BMO Financial | Outperform | Maintains | |
| 2022-11-10 | TD Research | Buy | Maintains | |
| 2022-11-10 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-11-10 | Scotiabank Capital | Outperform | Maintains | |
| 2022-09-16 | Scotiabank Capital | Outperform | Initiate | |
| 2022-08-19 | Morningstar Inc. | Hold | Maintains | |
| 2022-08-01 | SOCIETE GENERALE | Hold | Buy | Upgrade |
| 2022-07-31 | SOCIETE GENERALE | Hold | Buy | Upgrade |
| 2022-07-28 | BMO Financial | 120 | 125 | Upgrade |
| 2022-07-27 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-05-10 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2022-05-09 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2022-04-28 | Raymond James Capital | Outperform | Initiate | |
| 2022-03-17 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-03-15 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2022-03-14 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2022-02-03 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2022-02-03 | Raymond James Financial | Outperform | Initiate | |
| 2022-02-02 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 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 | SOCIETE GENERALE | Sell | Hold | Upgrade |
| 2021-11-23 | SOCIETE GENERALE | Hold | Hold | Maintains |
| 2021-11-22 | SOCIETE GENERALE | Hold | Hold | Maintains |
| 2021-11-11 | RBCRoyalBank | Outperform | Maintains | |
| 2021-11-10 | CIBC WG | Outperform | Maintains | |
| 2021-10-28 | RBC Capital | Buy | Reiterate | |
| 2021-10-26 | Scotiabanks | 130 | 127 | Downgrade |
| 2021-10-05 | Sbank | Outperform | Initiate | |
| 2021-09-24 | CIBC World Markets | Outperform | Maintains | |
| 2021-09-14 | Bank of America | Buy | Underperform | Downgrade |
| 2021-08-20 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2021-08-19 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2021-07-30 | Canaccord Genuity | 120 | 125 | Upgrade |
| 2021-07-06 | RBC Capital | Outperform | Maintains | |
| 2021-06-24 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
| 2021-06-24 | CIBC World Markets | Neutral | Maintains | |
| 2021-06-23 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
| 2021-05-11 | RBC Capital | Neutral | Maintains | |
| 2021-04-28 | STIFEL CANADA | Buy | Buy | Maintains |
| 2021-04-28 | CIBC World Markets | Neutral | Maintains | |
| 2021-04-27 | STIFEL CANADA | Buy | Buy | Maintains |
| 2021-04-05 | RBC Capital | Outperform | Maintains | |
| 2021-04-01 | SOCIETE GENERALE | Sell | Sell | Maintains |
| 2021-01-13 | Raymond James Financial | Outperform | Maintains | |
| 2021-01-06 | CIBC World Markets | 91.5 | 105.5 | Upgrade |
| 2020-11-12 | Sbank | 101 | 102 | Upgrade |
| 2020-11-03 | Sbank | 102 | 101 | Downgrade |
| 2020-07-30 | Eight Capital | 92 | 98 | Upgrade |
| 2020-07-27 | PI Financial | Neutral | Initiate | |
| 2020-06-15 | CIBC World Markets | 88 | 91.5 | Upgrade |
| 2020-04-28 | Canaccord Genuity | 116 | 100 | Downgrade |
| 2020-04-27 | PI Financial | Neutral | Initiate | |
| 2020-04-14 | Wells Fargo | 106 | 90 | Downgrade |
| 2020-03-23 | Sbank | Sector Perform | Outperform | Upgrade |
| 2020-01-30 | Wells Fargo | 110 | 106 | Downgrade |
| 2019-09-20 | Barclays | Overweight | Initiate | |
| 2019-08-01 | Canaccord Genuity | 106 | 116 | Upgrade |
| 2019-08-01 | Raymond James Financial | Outperform | Initiate | |
| 2019-07-30 | Eight Capital | 98 | 106 | Upgrade |
| 2019-07-26 | CIBC World Markets | 101 | 106 | Upgrade |
| 2019-07-24 | Raymond James Financial | 104 | 110 | Upgrade |
| 2019-06-13 | CIBC World Markets | 100 | 101 | Upgrade |
| 2019-05-23 | Bank of America | Buy | Initiate | |
| 2019-05-02 | Raymond James Financial | Outperform | Initiate | |
| 2019-03-12 | CIBC World Markets | 90 | 92 | Upgrade |
| 2020-01-20 | Raymond James Financial | Outperform | Initiate | |
| 2019-11-07 | BMO Capital Markets | 115 | 117 | Upgrade |
| 2019-11-06 | Raymond James Financial | Outperform | Initiate | |
| 2019-10-21 | Raymond James Financial | Outperform | Initiate | |
| 2019-10-08 | Desjardins | Hold | Buy | Upgrade |
| 2018-12-04 | BMO Capital Markets | Buy | Outperform | Initiate |
| 2018-02-01 | BMO Capital Markets | Outperform | Initiate | |
| 2018-02-01 | Barclays | 76 | 78 | Upgrade |
| 2018-01-23 | BMO Capital Markets | 74 | 75 | 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 | |
| 2016-12-16 | Goldman Sachs | Neutral | Sell | Downgrade |
| 2016-11-14 | Jefferies | Hold | Maintains | |
| 2016-11-10 | Sbank | Outperform | Maintains | |
| 2016-11-10 | TD Securities | Buy | Maintains | |
| 2016-11-10 | Dundee Securities | Buy | Maintains | |
| 2016-11-10 | Desjardins Securities | Buy | Maintains | |
| 2016-11-10 | Barclays | Overweight | Maintains | |
| 2016-11-10 | RBC Capital | Outperform | Maintains | |
| 2016-11-10 | Dundee | Buy | Maintains | |
| 2016-11-10 | Societe Generale | Buy | Hold | Downgrade |
| 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 | |
| 2016-06-28 | TD Securities | Buy | Maintains | |
| 2016-05-27 | Desjardins | Hold | Buy | Upgrade |
| 2016-05-03 | Canaccord Genuity | Buy | Maintains | |
| 2016-04-28 | TD Securities | Buy | Maintains | |
| 2016-04-28 | Goldman Sachs | Neutral | 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 | Raymond James Financial | Outperform | Maintains | |
| 2016-01-28 | Barclays | Overweight | Maintains | |
| 2016-01-28 | BMO Capital Markets | Outperform | Maintains | |
| 2016-01-28 | RBC Capital | Outperform | 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 |
| 2015-01-29 | 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 | Salman Partners | Buy | Maintains | |
| 2014-05-02 | Societe Generale | Buy | Maintains | |
| 2014-05-01 | Raymond James Financial | Outperform | Maintains | |
| 2014-05-01 | Sbank | Sector Perform | Sector Outperform | Upgrade |
| 2014-05-01 | TD Securities | Action Buy List | Buy | Maintains |
| 2014-05-01 | RBC Capital | Outperform | Maintains | |
| 2014-05-01 | Paradigm Capital | Buy | 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 | Societe Generale | Hold | Hold | Maintains |
| 2014-01-30 | RBC Capital | Outperform | Maintains | |
| 2014-01-30 | TD Securities | Buy | Action List Buy | Upgrade |
| 2013-11-15 | BMO Capital Markets | Outperform | Maintains | |
| 2013-11-15 | Paradigm Capital | Buy | Maintains | |
| 2013-11-15 | RBC Capital | Outperform | Maintains | |
| 2013-11-15 | CIBC World Markets | Sector Perform | Maintains | |
| 2013-11-15 | Societe Generale | Hold | Maintains | |
| 2013-11-15 | Raymond James Financial | Outperform | Maintains | |
| 2013-11-15 | TD Securities | Buy | Maintains | |
| 2013-11-15 | Cantor Fitzgerald | Buy | Maintains | |
| 2013-10-17 | Jefferies | Hold | Initiate | |
| 2013-10-16 | Jefferies | Hold | Initiate | |
| 2013-08-02 | Deutsche Bank | Hold | Maintains | |
| 2013-08-02 | BMO Capital Markets | Outperform | Maintains | |
| 2013-08-01 | RBC Capital | Outperform | Maintains | |
| 2013-08-01 | TD Securities | Buy | 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 | Cantor Fitzgerald | Buy | Maintains | |
| 2013-05-01 | BMO Capital Markets | Outperform | 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 | |
| 2013-01-31 | TD Securities | Buy | Maintains | |
| 2013-01-31 | BMO Capital | Outperform | Maintains | |
| 2013-01-29 | BMO Capital | Outperform | Maintains | |
| 2012-10-25 | Cantor Fitzgerald | Buy | Initiate | |
| 2012-09-04 | Goldman Sachs | Buy | 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 |
| 2023-11-08 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-11-07 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-11-07 | TD SECURITIES | Buy | Buy | 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 |
| 2025-04-07 | 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 |
| 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 |
