12:51 PM EST, 01/06/2025 (MT Newswires) -- Even though CGI's job postings softened sequentially, notes RBC, the predictive model from in-house data science team, RBC Elements, suggests that CGI's organic growth is still likely to increase to +1.7% Y/Y in Q1/FY25 (December quarter), up from 1.3% in the fourth-quarter and above consensus at +1.1%.

"Continued positive organic growth is likely to help sustain CGI's premium valuation multiple," writes RBC analyst Paul Treiber.

Maintain Outperform, $178 price target.

Price: 156.13, Change: -2.52, Percent Change: -1.59