Royal Bank Of Canada Boosts Calian Group (TSE:CGY) Price Target to C$66.00

Calian Group (TSE:CGY) had its price target lifted by equities research analysts at Royal Bank Of Canada from C$58.00 to C$66.00 in a note issued to investors on Thursday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target would indicate a potential upside of 21.97% from the company’s current price.

Several other brokerages also recently weighed in on CGY. Ventum Financial decreased their target price on Calian Group from C$60.00 to C$58.00 and set a “buy” rating for the company in a research report on Thursday, August 14th. CIBC boosted their price target on Calian Group from C$59.00 to C$62.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 29th. Finally, Desjardins lowered their price objective on shares of Calian Group from C$62.00 to C$59.00 and set a “buy” rating for the company in a research report on Thursday, August 14th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$63.80.

Calian Group Stock Performance

TSE:CGY opened at C$54.11 on Thursday. The firm’s fifty day simple moving average is C$50.48 and its 200 day simple moving average is C$48.76. The company has a current ratio of 1.29, a quick ratio of 1.20 and a debt-to-equity ratio of 39.54. Calian Group has a twelve month low of C$37.70 and a twelve month high of C$54.35. The firm has a market capitalization of C$613.88 million, a price-to-earnings ratio of -901.83, a PEG ratio of 2.50 and a beta of 0.43.

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.