Callidus Capital Corp Given New C$28.00 Price Target at NBF (CBL)
Analysts at NBF boosted their price objective on shares of Callidus Capital Corp (TSE:CBL) from C$25.00 to C$28.00 in a research report issued to clients and investors on Monday. NBF’s price objective points to a potential upside of 37.39% from the stock’s previous close.
Callidus Capital Corp (TSE:CBL) traded up 0.10% on Monday, hitting $20.40. The stock had a trading volume of 4,748 shares. Callidus Capital Corp has a 1-year low of $15.46 and a 1-year high of $20.95. The stock’s 50-day moving average is $19.28 and its 200-day moving average is $18.10. The company’s market cap is $820.9 million.
Callidus Capital Corp (TSE:CBL) last announced its earnings results on Monday, August 18th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by $0.08. On average, analysts predict that Callidus Capital Corp will post $0.81 earnings per share for the current fiscal year.
A number of other firms have also recently commented on CBL. Analysts at CIBC raised their price target on shares of Callidus Capital Corp from C$23.50 to C$25.00 in a research note on Monday. Finally, analysts at GMP Securities initiated coverage on shares of Callidus Capital Corp in a research note on Wednesday, July 23rd. They set a “buy” rating on the stock. Three investment analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and a consensus target price of C$25.50.
Callidus Capital Corporation (TSE:CBL) specializes in providing financing solutions for companies that are unable to obtain adequate financing from conventional lending institutions.
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