Ventum Financial Raises Calian Group (TSE:CGY) Price Target to C$72.00

Calian Group (TSE:CGY) had its price target increased by stock analysts at Ventum Financial from C$62.00 to C$72.00 in a note issued to investors on Tuesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Ventum Financial’s price target would suggest a potential upside of 13.12% from the company’s previous close.

Other research analysts also recently issued research reports about the stock. CIBC boosted their target price on shares of Calian Group from C$62.00 to C$65.00 in a research note on Wednesday, January 14th. Royal Bank Of Canada upped their price objective on shares of Calian Group from C$58.00 to C$66.00 and gave the company an “outperform” rating in a research note on Thursday, November 27th. Canaccord Genuity Group lifted their target price on shares of Calian Group from C$60.00 to C$63.00 and gave the stock a “buy” rating in a research note on Thursday, November 27th. Finally, Desjardins increased their price target on Calian Group from C$59.00 to C$66.00 and gave the stock a “buy” rating in a research note on Thursday, November 27th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Calian Group presently has a consensus rating of “Buy” and an average price target of C$66.40.

Calian Group Stock Down 1.1%

CGY stock opened at C$63.65 on Tuesday. The company has a debt-to-equity ratio of 39.54, a current ratio of 1.29 and a quick ratio of 1.20. The company’s 50 day simple moving average is C$57.11 and its 200-day simple moving average is C$52.91. Calian Group has a 12 month low of C$37.70 and a 12 month high of C$65.59. The firm has a market capitalization of C$726.31 million, a PE ratio of 36.16, a P/E/G ratio of 2.50 and a beta of 0.38.

Calian Group (TSE:CGY) last posted its earnings results on Wednesday, November 26th. The company reported C$1.00 earnings per share (EPS) for the quarter. The firm had revenue of C$203.18 million for the quarter. Calian Group had a return on equity of 3.37% and a net margin of 1.50%. Equities analysts expect that Calian Group will post 4.9475219 earnings per share for the current fiscal year.

About Calian Group

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.