Calian Group (TSE:CGY - Get Free Report) had its price target lifted by research analysts at CIBC from C$50.00 to C$59.00 in a report issued on Monday,BayStreet.CA reports. CIBC's target price indicates a potential upside of 13.46% from the company's current price.
A number of other equities analysts have also recently issued reports on CGY. Royal Bank Of Canada dropped their price objective on shares of Calian Group from C$60.00 to C$58.00 and set an "outperform" rating for the company in a research note on Thursday, May 22nd. Canaccord Genuity Group dropped their price objective on Calian Group from C$75.00 to C$60.00 and set a "buy" rating for the company in a report on Thursday, May 22nd. Desjardins upped their price target on Calian Group from C$61.00 to C$62.00 and gave the company a "buy" rating in a research note on Wednesday, July 9th. Finally, Ventum Financial set a C$60.00 price objective on shares of Calian Group and gave the stock a "buy" rating in a research report on Wednesday, June 11th.
Get Our Latest Stock Report on Calian Group
Calian Group Stock Up 3.5%
Shares of TSE:CGY traded up C$1.75 during trading on Monday, reaching C$52.00. 39,652 shares of the company traded hands, compared to its average volume of 36,457. Calian Group has a 1-year low of C$37.70 and a 1-year high of C$57.00. The company has a quick ratio of 1.20, a current ratio of 1.29 and a debt-to-equity ratio of 39.54. The firm has a market cap of C$617.29 million, a P/E ratio of 55.68, a price-to-earnings-growth ratio of 2.50 and a beta of 0.88. The firm has a fifty day simple moving average of C$45.39 and a 200 day simple moving average of C$45.68.
Insider Activity at Calian Group
In other news, Senior Officer Kevin Lee Ford bought 1,000 shares of the firm's stock in a transaction dated Monday, May 26th. The stock was acquired at an average price of C$38.05 per share, for a total transaction of C$38,050.00. Insiders acquired a total of 2,934 shares of company stock worth $116,566 over the last quarter. 0.63% of the stock is owned by company insiders.
About Calian Group
(
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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.
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