Calian Group (TSE:CGY) Price Target Raised to C$100.00

Calian Group (TSE:CGY) had its target price boosted by stock analysts at Ventum from C$94.00 to C$100.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Ventum’s price target would suggest a potential upside of 23.69% from the company’s previous close.

Several other analysts also recently commented on the company. Royal Bank Of Canada raised their target price on Calian Group from C$78.00 to C$90.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Stifel Nicolaus set a C$100.00 target price on Calian Group and gave the stock a “buy” rating in a research note on Wednesday, May 20th. ATB Cormark Capital Markets lifted their price target on shares of Calian Group from C$92.50 to C$98.50 and gave the stock an “outperform” rating in a report on Tuesday, May 19th. Canadian Imperial Bank of Commerce boosted their target price on shares of Calian Group from C$76.00 to C$90.00 in a report on Friday, May 15th. Finally, Ventum Financial boosted their target price on shares of Calian Group from C$84.00 to C$94.00 and gave the company a “buy” rating in a report on Tuesday, March 10th. Nine investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Calian Group has an average rating of “Buy” and a consensus target price of C$89.28.

Calian Group Price Performance

TSE:CGY traded down C$2.18 during trading hours on Monday, reaching C$80.85. 12,751 shares of the company were exchanged, compared to its average volume of 44,292. The company has a market capitalization of C$929.05 million, a P/E ratio of 28.37, a P/E/G ratio of 2.50 and a beta of 0.88. Calian Group has a 1-year low of C$44.89 and a 1-year high of C$92.34. The company has a debt-to-equity ratio of 63.54, a current ratio of 1.51 and a quick ratio of 1.20. The business has a 50 day moving average of C$77.58 and a 200 day moving average of C$70.01.

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

Insider Buying and Selling at Calian Group

In other Calian Group news, insider Patrick Belanger Houston sold 6,432 shares of Calian Group stock in a transaction on 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 sale, the insider directly owned 22,266 shares in the company, valued at approximately C$1,801,542.06. The trade was a 22.41% decrease in their position. Company insiders own 0.63% of the company’s stock.

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.