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Calian Group (CGY) Stock Forecast & Price Target

C$55.02
+0.20 (+0.36%)
(As of 07/17/2024 ET)

Calian Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 7 Wall Street analysts who have issued ratings for Calian Group in the last 12 months, the stock has a consensus rating of "Buy." Out of the 7 analysts, 7 have given a buy rating for CGY.

Consensus Price Target

C$78.14
42.03% Upside
High ForecastC$87.00
Average ForecastC$78.14
Low ForecastC$74.00

According to the 7 analysts' twelve-month price targets for Calian Group, the average price target is C$78.14. The highest price target for CGY is C$87.00, while the lowest price target for CGY is C$74.00. The average price target represents a forecasted upside of 42.03% from the current price of C$55.02.

TypeCurrent Forecast
7/18/23 to 7/17/24
1 Month Ago
6/18/23 to 6/17/24
3 Months Ago
4/19/23 to 4/18/24
1 Year Ago
7/18/22 to 7/18/23
Consensus Rating
Buy
Buy
Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$78.14C$78.14C$76.17C$80.60
Forecasted Upside42.03% Upside36.33% Upside31.93% Upside32.22% Upside
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CGY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CGY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Calian Group Stock vs. The Competition

TypeCalian GroupIndustrials Companies
Consensus Rating Score
3.00
2.60
Consensus RatingBuyModerate Buy
News Sentiment RatingNeutral News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/17/2024Cormark
2 of 5 stars
 Boost TargetC$73.00 ➝ C$74.00+28.36%
5/16/2024Acumen Capital
3 of 5 stars
J. Byrne
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Boost TargetBuyC$78.00 ➝ C$80.00+36.40%
5/16/2024Canaccord Genuity Group
1 of 5 stars
 Boost TargetBuyC$75.00 ➝ C$80.00+36.40%
5/16/2024Royal Bank of Canada
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 Boost TargetOutperformC$72.00 ➝ C$75.00+27.88%
5/13/2024CIBC
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 Boost TargetOutperformC$75.00 ➝ C$76.00+35.69%
3/21/2024Echelon Wealth Partners
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R. Goff
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Reiterated RatingBuy
3/6/2024Desjardins
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 Boost TargetBuyC$86.00 ➝ C$87.00+46.84%
8/31/2023Industrial Alliance Securities
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 Set TargetBuyC$75.00+42.78%
11/28/2022BMO Capital Markets
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 Lower TargetC$95.00 ➝ C$80.00+25.61%
11/28/2022Bank of Montreal
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 Lower TargetOutperformC$80.00+29.22%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 08:47 PM ET.

CGY Forecast - Frequently Asked Questions

What is Calian Group's forecast for 2024?

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Calian Group is C$78.14, with a high forecast of C$87.00 and a low forecast of C$74.00.

Should I buy or sell Calian Group stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calian Group in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CGY shares.

Does Calian Group's stock price have much upside?

According to analysts, Calian Group's stock has a predicted upside of 36.33% based on their 12-month stock forecasts.

What analysts cover Calian Group?

Calian Group has been rated by research analysts at Acumen Capital, Canaccord Genuity Group, CIBC, Cormark, and Royal Bank of Canada in the past 90 days.

Do Wall Street analysts like Calian Group more than its competitors?

Analysts like Calian Group more than other "industrials" companies. The consensus rating for Calian Group is Buy while the average consensus rating for "industrials" companies is Moderate Buy. Learn more on how CGY compares to other companies.


This page (TSE:CGY) was last updated on 7/17/2024 by MarketBeat.com Staff

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