Calian Group (TSE:CGY) Price Target Raised to C$94.00

Calian Group (TSE:CGY) had its price target upped by Ventum Financial from C$84.00 to C$94.00 in a report issued on Tuesday,BayStreet.CA reports. Ventum Financial currently has a buy rating on the stock.

A number of other research analysts have also weighed in on the company. Desjardins increased their price target on Calian Group from C$59.00 to C$66.00 and gave the stock a “buy” rating in a research note on Thursday, November 27th. Canadian Imperial Bank of Commerce lifted their price objective on Calian Group from C$65.00 to C$76.00 in a research report on Friday, February 13th. Acumen Capital increased their target price on Calian Group from C$70.00 to C$85.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Royal Bank Of Canada raised their price target on Calian Group from C$58.00 to C$60.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. Finally, Canaccord Genuity Group lifted their price target on Calian Group from C$63.00 to C$80.00 in a report on Friday, February 13th. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of C$76.83.

Calian Group Stock Performance

Shares of TSE CGY opened at C$78.70 on Tuesday. The company has a 50-day simple moving average of C$68.69 and a 200-day simple moving average of C$58.04. The company has a debt-to-equity ratio of 64.10, a current ratio of 1.65 and a quick ratio of 1.20. The company has a market cap of C$898.28 million, a PE ratio of 34.52, a price-to-earnings-growth ratio of 2.50 and a beta of 0.78. Calian Group has a 12 month low of C$37.70 and a 12 month high of C$85.16.

Calian Group (TSE:CGY) last announced its quarterly earnings data on Thursday, February 12th. The company reported C$1.03 earnings per share (EPS) for the quarter. The business had revenue of C$208.00 million for the quarter. Calian Group had a net margin of 3.34% and a return on equity of 8.41%. On average, equities analysts anticipate that Calian Group will post 4.9475219 earnings per share for the current year.

Calian Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Wednesday, March 11th were issued a $0.28 dividend. The ex-dividend date was Wednesday, February 25th. This represents a $1.12 dividend on an annualized basis and a yield of 1.4%. Calian Group’s dividend payout ratio (DPR) is presently 49.12%.

About Calian Group

Calian Group Ltd operates through four segments namely Advanced Technologies, Health, Learning, and Information Technology. It generates maximum revenue from the Health segment. The company serves health, defence, security, aerospace, engineering, AgTech, and IT industries. Its Health segment includes Clinical Services; Nursing Services; Psychological Services and Medical Property Management. The Advanced Technologies segment includes Engineering Solutions and Services; Nuclear and Environmental Services; Satcom; DOCSIS; Electronics Design and Manufacturing and Agricultural Technology.