Calian Group (TSE:CGY) Given New C$94.00 Price Target at Ventum Financial

Calian Group (TSE:CGY) had its price objective hoisted by stock analysts at Ventum Financial from C$84.00 to C$94.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Ventum Financial’s price target suggests a potential upside of 15.98% from the stock’s current price.

Other analysts have also recently issued reports about the company. 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 note on Friday, February 13th. Canaccord Genuity Group lifted their price target on shares of Calian Group from C$63.00 to C$80.00 in a research note on Friday, February 13th. Royal Bank Of Canada raised their target price on shares of Calian Group from C$58.00 to C$60.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. Desjardins upped their price objective on Calian Group from C$59.00 to C$66.00 and gave the company a “buy” rating in a research note on Thursday, November 27th. Finally, Canadian Imperial Bank of Commerce lifted their target price on shares of Calian Group from C$65.00 to C$76.00 in a report on Friday, February 13th. Six research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Calian Group presently has an average rating of “Buy” and a consensus price target of C$76.83.

Calian Group Trading Down 1.1%

Shares of CGY traded down C$0.92 during trading hours on Tuesday, reaching C$81.05. The stock had a trading volume of 28,450 shares, compared to its average volume of 52,308. The firm has a 50-day moving average of C$67.18 and a 200 day moving average of C$57.50. The company has a quick ratio of 1.20, a current ratio of 1.65 and a debt-to-equity ratio of 64.10. The company has a market cap of C$925.10 million, a P/E ratio of 35.55, a P/E/G ratio of 2.50 and a beta of 0.78. Calian Group has a 52 week low of C$37.70 and a 52 week high of C$85.16.

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