Calian Group (TSE:CGY – Get Free Report) has been given a C$100.00 price objective by analysts at National Bank Financial in a report released on Tuesday, BayStreet reports. The firm presently has an “outperform” rating on the stock. National Bank Financial’s target price indicates a potential upside of 19.47% from the stock’s previous close.
Several other research firms also recently weighed in on CGY. Royal Bank Of Canada raised 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, August 14th. Stifel Nicolaus set a C$100.00 target price on shares of Calian Group and gave the stock a “buy” rating in a report on Wednesday, May 20th. Canaccord Genuity Group boosted their price target on shares of Calian Group from C$103.00 to C$105.00 and gave the stock a “buy” rating in a research report on Monday, June 29th. Desjardins increased their price objective on shares of Calian Group from C$104.00 to C$109.00 and gave the company a “buy” rating in a report on Friday, August 14th. Finally, Canadian Imperial Bank of Commerce raised their target price on shares of Calian Group from C$93.00 to C$107.00 in a research note on Friday, August 14th. Ten equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of C$101.55.
View Our Latest Stock Report on CGY
Calian Group Price Performance
Calian Group (TSE:CGY – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported C$1.10 earnings per share (EPS) for the quarter. The business had revenue of C$230.40 million for the quarter. Calian Group had a net margin of 4.41% and a return on equity of 11.67%. As a group, equities research analysts anticipate that Calian Group will post 4.9475219 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, insider Patrick Belanger Houston acquired 699 shares of the business’s stock in a transaction on Friday, August 28th. The shares were bought at an average price of C$73.18 per share, with a total value of C$51,152.82. Following the completion of the acquisition, the insider owned 22,965 shares in the company, valued at C$1,680,578.70. This trade represents a 3.14% increase in their ownership of the stock. 0.63% of the stock is owned by corporate 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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