Calian Group Ltd. (TSE:CGY) Receives C$76.83 Consensus Target Price from Brokerages

Shares of Calian Group Ltd. (TSE:CGY) have earned an average recommendation of “Buy” from the six analysts that are presently covering the stock, MarketBeat.com reports. Six investment analysts have rated the stock with a buy rating. The average 1 year price target among analysts that have covered the stock in the last year is C$76.83.

CGY has been the subject of several recent research reports. Royal Bank Of Canada increased their target price 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. Canaccord Genuity Group upped their price target on Calian Group from C$63.00 to C$80.00 in a report on Friday, February 13th. Ventum Financial increased their price objective on Calian Group from C$84.00 to C$94.00 and gave the company a “buy” rating in a research report on Tuesday, March 10th. Acumen Capital raised their price objective on Calian Group from C$70.00 to C$85.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Finally, Canadian Imperial Bank of Commerce lifted their target price on Calian Group from C$65.00 to C$76.00 in a report on Friday, February 13th.

Calian Group Trading Up 0.6%

Calian Group stock opened at C$73.64 on Friday. Calian Group has a 1 year low of C$37.70 and a 1 year high of C$85.16. The firm’s 50-day moving average is C$73.87 and its 200-day moving average is C$60.93. 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 has a market cap of C$840.53 million, a P/E ratio of 32.30, a PEG ratio of 2.50 and a beta of 0.89.

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

Calian Group Dividend Announcement

The company 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. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a $1.12 dividend on an annualized basis and a yield of 1.5%. Calian Group’s dividend payout ratio is currently 49.12%.

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. The Advanced Technologies segment includes Engineering Solutions and Services; Nuclear and Environmental Services; Satcom; DOCSIS; Electronics Design and Manufacturing and Agricultural Technology.