Calian Group (TSE:CGY) Price Target Raised to C$82.00

Calian Group (TSE:CGY) had its price objective boosted by research analysts at Ventum Financial from C$72.00 to C$82.00 in a research report issued on Friday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Ventum Financial’s price objective suggests a potential upside of 15.79% from the company’s previous close.

Several other research analysts have also recently weighed in on CGY. CIBC World Markets lifted their price target on shares of Calian Group from C$65.00 to C$76.00 in a research note on Friday. Canadian Imperial Bank of Commerce boosted their price target on Calian Group from C$62.00 to C$65.00 in a report on Wednesday, January 14th. Royal Bank Of Canada raised their price objective on Calian Group from C$58.00 to C$60.00 and gave the stock an “outperform” rating in a research note on Friday. Canaccord Genuity Group boosted their price objective on Calian Group from C$63.00 to C$80.00 in a research note on Friday. Finally, Desjardins raised their target price on shares of 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. Six investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of C$73.43.

Calian Group Stock Performance

CGY stock traded up C$4.68 during trading on Friday, reaching C$70.82. The stock had a trading volume of 69,842 shares, compared to its average volume of 48,852. The firm has a market cap of C$808.13 million, a PE ratio of 40.24, a PEG ratio of 2.50 and a beta of 0.70. The company has a current ratio of 1.29, a quick ratio of 1.20 and a debt-to-equity ratio of 39.54. The stock’s 50 day moving average is C$60.12 and its two-hundred day moving average is C$53.98. Calian Group has a 52 week low of C$37.70 and a 52 week high of C$71.92.

Calian Group (TSE:CGY) last released its quarterly earnings results on Thursday, February 12th. The company reported C$1.03 EPS for the quarter. Calian Group had a net margin of 1.50% and a return on equity of 3.37%. The firm had revenue of C$208.00 million during the quarter. As a group, equities analysts anticipate that Calian Group will post 4.9475219 earnings per share for the current year.

Calian Group Company Profile

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.