Callidus Capital Corp PT Raised to C$28.00 at National Bank Financial (CBL)
Equities research analysts at National Bank Financial lifted their price target on shares of Callidus Capital Corp (TSE:CBL) from C$25.00 to C$28.00 in a research note issued to investors on Monday. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price objective indicates a potential upside of 37.39% from the company’s current price.
Shares of Callidus Capital Corp (TSE:CBL) traded up 0.64% during mid-day trading on Monday, hitting $20.51. The stock had a trading volume of 164,158 shares. Callidus Capital Corp has a 52 week low of $15.46 and a 52 week high of $20.95. The stock has a 50-day moving average of $19.28 and a 200-day moving average of $18.10. The company’s market cap is $825.4 million.
Callidus Capital Corp (TSE:CBL) last posted its quarterly earnings results on Monday, August 18th. The company reported $0.18 EPS for the quarter, missing the Thomson Reuters 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.
CBL has been the subject of a number of other recent research reports. Analysts at NBF raised their price target on shares of Callidus Capital Corp from C$25.00 to C$28.00 in a research note on Monday. Separately, 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. They now have an “outperform” rating on the stock. Finally, analysts at CIBC initiated coverage on shares of Callidus Capital Corp in a research note on Tuesday, August 12th. They set a “sector outperform” rating and a C$23.50 price target on the stock. Five equities research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average price target of C$26.25.
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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