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加拿大帝國商業銀行將CGI的目標股價下調5加元，維持中性評級

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-- 加拿大帝國商業銀行資本市場（CIBC Capital Markets）維持對CGI（GIB-A.TO）股票的「中性」評級，但週三將目標股價從112加幣下調至107加幣。此前，該公司公佈了第二季業績。 CIBC在4月29日的一份報告中表示：“我們驚訝地看到，在營收低於預期2%，調整後息稅前利潤（EBIT）和調整後每股收益（EPS）符合預期之後，該股今日出現兩位數下跌。”報告指出，歐洲決策延遲的負面消息“逐漸顯現”，且訂單量同比下降4%，CIBC。 「我們預期第二財季有機營收將年減3.6%，較上季4.5%的年減幅有所改善，但低於去年同期0.4%的增幅。由於人工智慧顛覆性風險持續對CGI構成威脅，我們仍持觀望態度。但我們認為，政府支出增幅增幅。由於人工智慧顛覆性風險持續對CGI構成威脅，我們仍持觀望態度。但我們認為，政府支出增幅增幅。加、人工智慧整合智慧財產權成長速度超出預期以及併購活動將帶來利好。 CIBC指出，CGI在歐洲的決策有所延遲。該公司表示，德國經濟疲軟、芬蘭政府訂單減少以及法國製造業需求不明朗是造成此現象的原因。 CIBC預計，中東衝突也是一個因素，受影響的垂直產業（包括製造業和航空業）的需求存在不確定性，硬體供應鏈也受到一定影響。 CGI也指出，其成長點包括管理服務業務、政府和金融服務垂直領域，以及智慧財產權和人工智慧主導的項目。 加拿大帝國商業銀行（CIBC）指出，CGI在美國聯邦政府市場的前景好於預期；CGI正在利用人工智慧降低智慧財產權開發成本和縮短開發週期；並且CGI的資本配置重點仍然是內部投資（包括人工智慧）、併購和股票回購。

Price: $88.27, Change: $-1.51, Percent Change: -1.68%

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