Brokers Offer Predictions for Callidus Capital Corp’s FY2017 Earnings (CBL)
Callidus Capital Corp (TSE:CBL) – Analysts at National Bank Financial increased their FY2017 EPS estimates for Callidus Capital Corp in a research note issued to investors on Monday. National Bank Financial analyst J. Gloyn now anticipates that the firm will post earnings of $1.67 per share for the year, up from their prior forecast of $1.63.
Separately, CIBC lifted their price objective on Callidus Capital Corp from C$14.50 to C$16.50 in a research report on Tuesday, August 16th. Four investment analysts have rated the stock with a hold rating, Callidus Capital Corp presently has an average rating of “Hold” and a consensus target price of C$17.56.
Callidus Capital Corp (TSE:CBL) traded up 0.41% during trading on Thursday, reaching $17.30. The company had a trading volume of 8,300 shares. The company has a market capitalization of $870.33 million and a PE ratio of 10.62. The company has a 50 day moving average price of $16.42 and a 200 day moving average price of $15.00. Callidus Capital Corp has a 52-week low of $6.94 and a 52-week high of $17.49.
Callidus Capital Corp Company Profile
Callidus Capital Corporation (Callidus) is a Canada-based company, which is engaged in providing financing solutions for companies that are unable to obtain financing from lending institutions. The Company operates a finance business that provides senior secured asset-based loans and lending services to mid-market companies operating in Canada and the United States.
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