Analysts Set Calian Group Ltd. (TSE:CGY) Target Price at C$76.83

Shares of Calian Group Ltd. (TSE:CGY) have been given a consensus rating of “Buy” by the six research firms that are presently covering the firm, Marketbeat reports. Six equities research analysts have rated the stock with a buy rating. The average 12 month target price among analysts that have issued a report on the stock in the last year is C$76.83.

Several analysts have commented on CGY shares. Acumen Capital lifted their price objective on shares of Calian Group from C$70.00 to C$85.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Royal Bank Of Canada lifted their price objective on shares of Calian Group from C$58.00 to C$60.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. Ventum Financial lifted their price objective on shares of Calian Group from C$84.00 to C$94.00 and gave the company a “buy” rating in a research note on Tuesday, March 10th. Canadian Imperial Bank of Commerce lifted their price objective on shares of Calian Group from C$65.00 to C$76.00 in a research note on Friday, February 13th. Finally, Canaccord Genuity Group lifted their price objective on shares of Calian Group from C$63.00 to C$80.00 in a research note on Friday, February 13th.

Calian Group Stock Up 2.0%

TSE:CGY opened at C$73.56 on Friday. Calian Group has a fifty-two week low of C$37.70 and a fifty-two week high of C$85.16. The stock has a market capitalization of C$839.61 million, a P/E ratio of 32.26, a P/E/G ratio of 2.50 and a beta of 0.89. The company has a debt-to-equity ratio of 64.10, a quick ratio of 1.20 and a current ratio of 1.65. The company’s 50-day simple moving average is C$74.23 and its 200-day simple moving average is C$61.16.

Calian Group (TSE:CGY) last released its quarterly earnings results on Thursday, February 12th. The company reported C$1.03 earnings per share for the quarter. The business had revenue of C$208.00 million for the quarter. Calian Group had a net margin of 3.34% and a return on equity of 8.41%. On average, equities analysts anticipate that Calian Group will post 4.9475219 earnings per share for the current fiscal year.

Calian Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Wednesday, March 11th were paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 1.5%. The ex-dividend date was Wednesday, February 25th. Calian Group’s payout ratio is presently 49.12%.

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.