Calian Group (TSE:CGY) Given New C$90.00 Price Target at Royal Bank Of Canada

Calian Group (TSE:CGY) had its price target upped by Royal Bank Of Canada from C$78.00 to C$90.00 in a research note published on Friday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other research analysts have also recently weighed in on CGY. Canadian Imperial Bank of Commerce increased their price target on shares of Calian Group from C$76.00 to C$90.00 in a report on Friday. 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. Ventum Financial boosted their price target on Calian Group from C$84.00 to C$94.00 and gave the company a “buy” rating in a research note on Tuesday, March 10th. Finally, Acumen Capital boosted their price target on Calian Group from C$70.00 to C$85.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Six research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of C$84.17.

Calian Group Stock Down 1.9%

Calian Group stock opened at C$80.64 on Friday. The firm has a market capitalization of C$920.42 million, a PE ratio of 35.37, a P/E/G ratio of 2.50 and a beta of 0.92. The company’s 50-day moving average is C$74.09 and its 200-day moving average is C$64.85. Calian Group has a fifty-two week low of C$37.70 and a fifty-two week high of C$85.16. The company has a debt-to-equity ratio of 63.54, a current ratio of 1.51 and a quick ratio of 1.20.

Calian Group (TSE:CGY) last announced its quarterly earnings results on Thursday, May 14th. The company reported C$1.30 EPS for the quarter. The business had revenue of C$228.70 million for the quarter. Calian Group had a net margin of 3.97% and a return on equity of 10.35%. Sell-side analysts anticipate that Calian Group will post 4.9475219 earnings per share for the current year.

Calian Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, June 10th will be issued a $0.28 dividend. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $1.12 dividend on an annualized basis and a yield of 1.4%. Calian Group’s payout ratio is currently 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.