Desjardins Issues Positive Forecast for Calian Group (TSE:CGY) Stock Price

Calian Group (TSE:CGY) had its target price lifted by Desjardins from C$104.00 to C$109.00 in a research report report published on Friday morning,BayStreet.CA reports. Desjardins currently has a buy rating on the stock.

Other equities research analysts have also recently issued reports about the company. Ventum upped their price target on Calian Group from C$94.00 to C$100.00 and gave the company a “buy” rating in a research report on Monday, June 15th. ATB Cormark Capital Markets lifted their target price on shares of Calian Group from C$92.50 to C$98.50 and gave the stock an “outperform” rating in a research note on Tuesday, May 19th. Royal Bank Of Canada upped their price objective on shares of Calian Group from C$90.00 to C$105.00 and gave the company an “outperform” rating in a research note on Friday. Canadian Imperial Bank of Commerce raised their target price on Calian Group from C$93.00 to C$107.00 in a research note on Friday. Finally, Stifel Nicolaus set a C$100.00 target price on Calian Group and gave the company a “buy” rating in a research note on Wednesday, May 20th. Nine analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$101.72.

Calian Group Trading Down 8.4%

Shares of CGY stock opened at C$83.88 on Friday. The stock has a market capitalization of C$963.87 million, a price-to-earnings ratio of 29.43, a PEG ratio of 2.50 and a beta of 0.96. The company’s fifty day simple moving average is C$81.54 and its two-hundred day simple moving average is C$77.44. Calian Group has a 1 year low of C$44.89 and a 1 year high of C$95.50. 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, August 13th. The company reported C$1.10 earnings per share for the quarter. The company had revenue of C$230.40 million during the quarter. Calian Group had a return on equity of 10.35% and a net margin of 3.97%. As a group, analysts anticipate that Calian Group will post 4.9475219 earnings per share for the current year.

Calian Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Wednesday, September 9th will be given a $0.28 dividend. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.3%. Calian Group’s dividend payout ratio is currently 39.30%.

Insider Activity

In related news, insider Patrick Belanger Houston sold 6,432 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of C$80.91, for a total value of C$520,413.12. Following the completion of the transaction, the insider directly owned 22,266 shares in the company, valued at C$1,801,542.06. This trade represents a 22.41% decrease in their position. 0.63% of the stock is currently owned by insiders.

Key Calian Group News

Here are the key news stories impacting Calian Group this week:

• Positive Sentiment: Analysts raised their estimates: Canadian Imperial Bank of Commerce increased its price target from C$93 to C$107, implying approximately 28.8% upside, which reinforces a constructive view of Calian Group (CGY). BayStreet.CA analyst ratings
• Positive Sentiment: Royal Bank of Canada raised its target from C$90 to C$105 and assigned an “outperform” rating, representing roughly 26.4% potential upside. BayStreet.CA analyst ratings
• Positive Sentiment: Ventum Financial upgraded its outlook, lifting its target from C$100 to C$106 and assigning a “buy” rating. The new target indicates approximately 27.6% upside. BayStreet.CA analyst ratings
• Positive Sentiment: Desjardins raised its price target from C$104 to C$109 and maintained a “buy” view, the most bullish target among the reported revisions and approximately 31.2% above the reference price. BayStreet.CA analyst ratings
• Neutral Sentiment: Calian reported record third-quarter fiscal 2026 results, including C$230.4 million in revenue and C$1.10 in earnings per share. Return on equity was 10.35%, while net margin was 3.97%. The results support the company’s growth narrative, but the available reports do not indicate how EPS compared with analyst expectations. Calian reports record third-quarter results
• Negative Sentiment: The immediate trading response was weak: shares declined on volume well above average, indicating that investors may have been disappointed by details not captured in the headline results or may be taking profits after the stock’s strong run toward its 52-week high. The specific reason for the decline was not confirmed in the reports.

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.