Calian Group (TSE:CGY) Given New C$98.50 Price Target at ATB Cormark Capital Markets

Calian Group (TSE:CGY) had its price objective lifted by ATB Cormark Capital Markets from C$92.50 to C$98.50 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. ATB Cormark Capital Markets’ price target would suggest a potential upside of 21.62% from the stock’s previous close.

A number of other analysts also recently weighed in on the stock. Ventum Financial increased their price target on shares of Calian Group from C$84.00 to C$94.00 and gave the company a “buy” rating in a research report on Tuesday, March 10th. Canadian Imperial Bank of Commerce increased their price target on shares of Calian Group from C$76.00 to C$90.00 in a research report on Friday. Acumen Capital increased their price target on shares of Calian Group from C$70.00 to C$85.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Canaccord Genuity Group increased their price target on shares of Calian Group from C$63.00 to C$80.00 in a research report on Friday, February 13th. Finally, Royal Bank Of Canada increased their price target on shares of Calian Group from C$78.00 to C$90.00 and gave the company an “outperform” rating in a research report on Friday. Seven analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of C$86.21.

Calian Group Trading Up 0.4%

Calian Group stock traded up C$0.35 during trading hours on Tuesday, reaching C$80.99. 35,132 shares of the company’s stock traded hands, compared to its average volume of 46,524. The company has a debt-to-equity ratio of 63.54, a quick ratio of 1.20 and a current ratio of 1.51. Calian Group has a fifty-two week low of C$37.70 and a fifty-two week high of C$85.16. The firm has a market capitalization of C$930.66 million, a price-to-earnings ratio of 28.42, a PEG ratio of 2.50 and a beta of 0.92. The firm’s 50 day moving average is C$74.02 and its 200-day moving average is C$65.17.

Calian Group (TSE:CGY) last released its earnings results on Thursday, May 14th. The company reported C$1.30 earnings per share (EPS) for the quarter. The company had revenue of C$228.70 million for the quarter. Calian Group had a net margin of 3.97% and a return on equity of 10.35%. On average, analysts predict 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.