Calian Group (TSE:CGY – Get Free Report) had its price target boosted by equities research analysts at Ventum Financial from C$100.00 to C$106.00 in a report released on Friday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Ventum Financial’s target price would suggest a potential upside of 27.70% from the stock’s current price.
CGY has been the topic of several other research reports. Royal Bank Of Canada lifted their target price on Calian Group from C$90.00 to C$105.00 and gave the company an “outperform” rating in a research report on Friday. Canaccord Genuity Group lifted their price objective on shares of Calian Group from C$103.00 to C$105.00 and gave the stock a “buy” rating in a report on Monday, June 29th. Canadian Imperial Bank of Commerce increased their target price on shares of Calian Group from C$93.00 to C$107.00 in a report on Friday. Stifel Nicolaus set a C$100.00 price target on shares of Calian Group and gave the stock a “buy” rating in a report on Wednesday, May 20th. Finally, ATB Cormark Capital Markets upped their price objective on shares of Calian Group from C$92.50 to C$98.50 and gave the stock an “outperform” rating in a research report on Tuesday, May 19th. Nine equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Calian Group has a consensus rating of “Buy” and an average price target of C$101.72.
Get Our Latest Research Report on Calian Group
Calian Group Stock Down 9.4%
Calian Group (TSE:CGY – Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The company reported C$1.10 earnings per share for the quarter. The business had revenue of C$230.40 million for the quarter. Calian Group had a net margin of 3.97% and a return on equity of 10.35%. On average, sell-side analysts anticipate that Calian Group will post 4.9475219 EPS for the current fiscal year.
Insider Activity at Calian Group
In other news, insider Patrick Belanger Houston sold 6,432 shares of Calian Group stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of C$80.91, for a total transaction of C$520,413.12. Following the sale, the insider directly owned 22,266 shares in the company, valued at C$1,801,542.06. The trade was a 22.41% decrease in their position. 0.63% of the stock is owned by insiders.
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.
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