Showing posts with label CGI Group. Show all posts
Showing posts with label CGI Group. Show all posts

Tuesday, August 16, 2011

Heineken (HINKY) (GIB) (HRS) (MOBI) (NFEC) Downgraded

Heineken (NASDAQ: HINKY), CGI Group Inc (NYSE: GIB), Harris (NYSE: HRS), Sky-mobi (NASDAQ: MOBI) and NF Energy Saving Corporation (NASDAQ: NFEC) downgraded by analysts.

CGI Group Inc. (GIB) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.

Heineken (HINKY) was downgraded by Nomura from a “Neutral” rating to a “Reduce” rating.

Harris (HRS) was downgraded by Merriman Curhan Ford from a “Buy” rating to a “Neutral” rating.

Sky-mobi (MOBI) was downgraded by Oppenheimer from an “Outperform” rating to a “Perform” rating.

NF Energy Saving Corporation (NFEC) was downgraded by Rodman & Renshaw from an “Outperform” rating to a “Market Perform” rating.

Wednesday, April 27, 2011

CenterState (CSFL) (GIB) (HSP) (LXK) (NWBI) Get Ratings Downgrades

CenterState Banks, Inc. (NASDAQ: CSFL), CGI Group Inc (NYSE: GIB), Hospira, Inc. (NYSE: HSP), Lexmark International, Inc. (NYSE: LXK) and Northwest Bancshares, Inc. (NASDAQ: NWBI) get downgraded by analysts.

Raymond James (NYSE:RJF) downgraded CenterState Banks, Inc. (CSFL) from an “Outperform” rating to a “Market Perform” rating.

Wells Fargo & Co. (NYSE:WFC) downgraded CGI Group Inc (GIB) from an “Outperform” rating to a “Market Perform” rating.

Citigroup (NYSE:C) downgraded Hospira, Inc. (HSP) from a “Hold” rating to a “Sell” rating. They set a price target of $1 on the company, down from $54.

Brean Murray downgraded Lexmark International, Inc. (LXK) from a “Buy” rating to a “Hold” rating.

Janney Montgomery Scott downgraded Northwest Bancshares, Inc. (NWBI) from a “Buy” rating to a “Neutral” rating.

Tuesday, January 25, 2011

CGI Group's (NYSE:GIB) Upside Already Priced into Share Price

CGI Group (NYSE:GIB) is expected to have a good quarter, but Canaccord noted much of the upside is already priced into the shares.

Canaccord says, "We are maintaining our recommendation in anticipation of CGI’s Q1/F11 results. Overall, we are expecting results to be positive and are above the Street on our estimates. However, we are of the view that much of the upside is already built into the share price.

"We are looking for Q1/F11 revenue of C$1.2 billion (up 14.4% from the previous quarter and 26.2% from the same quarter last year), slightly above the Street consensus of C$1.1 billion. Our adjusted EPS estimate is C$0.33, largely in line with the Street’s C$0.34."

Canaccord Genuity reiterates a "Hold" rating on CGI Group, which closed Monday at $18.74, up $0.32, or 1.74 percent. Canaccord has a price target of C$18.50 on CGI.