11 Most Undervalued Technology Stocks to Buy According to Analysts

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8. CGI Inc. (NYSE:GIB)

Forward P/E Ratio as of September 30: 13.59

Number of Hedge Fund Holders: 17

Average Upside Potential as of September 30: 40.27%

CGI Inc. (NYSE:GIB) is one of the most undervalued technology stocks to buy according to analysts. On September 29, CGI announced a partnership with Barclays to integrate CGI Trade360, its global trade finance solution, with Konsole from Komgo, the largest multi-bank trade finance platform, to deliver connectivity between banks and corporates.

The solution will provide Barclays with benefits like greater transparency & transaction speed, and reduced manual entry & operating risk. The integration of Komgo with CGI Trade360 will provide corporate clients with a fully digital experience and simplify operations processing.

The digital trade finance advancement means Barclays’ corporate clients using the Komgo platform will now benefit from a fully automated workflow with CGI Trade360 for transactions flowing to the bank. Combining Komgo’s multi-bank network with CGI’s robust processing capabilities delivers real value to both banks and corporates.

CGI Inc. (NYSE:GIB) provides IT and business process services. The company provides application development, application portfolio management, quality engineering and testing, application modernization & maintenance, DevOps transformation, and other related services.

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