Calian Group (TSE:CGY) Given a C$100.00 Price Target at Stifel Nicolaus

Calian Group (TSE:CGY) has been given a C$100.00 price objective by equities researchers at Stifel Nicolaus in a research note issued to investors on Wednesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ price objective indicates a potential upside of 23.08% from the stock’s previous close.

A number of other equities analysts also recently commented on the company. Canaccord Genuity Group upped their target price on Calian Group from C$63.00 to C$80.00 in a report on Friday, February 13th. Canadian Imperial Bank of Commerce increased their price objective on Calian Group from C$76.00 to C$90.00 in a report on Friday, May 15th. Royal Bank Of Canada increased their price objective on Calian Group from C$78.00 to C$90.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Acumen Capital raised their price target on Calian Group from C$70.00 to C$85.00 and gave the company a “buy” rating in a report on Friday, February 13th. Finally, ATB Cormark Capital Markets lifted their price target on Calian Group from C$92.50 to C$98.50 and gave the stock an “outperform” rating in a research report on Tuesday. Eight investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$87.94.

Calian Group Trading Up 0.5%

Shares of Calian Group stock traded up C$0.37 during midday trading on Wednesday, reaching C$81.25. 25,262 shares of the company’s stock traded hands, compared to its average volume of 46,413. The company has a debt-to-equity ratio of 63.54, a quick ratio of 1.20 and a current ratio of 1.51. The company has a market cap of C$933.64 million, a PE ratio of 28.51, a price-to-earnings-growth ratio of 2.50 and a beta of 0.92. The stock has a 50 day moving average of C$73.97 and a 200-day moving average of C$65.39. Calian Group has a 12 month low of C$37.70 and a 12 month high of C$85.16.

Calian Group (TSE:CGY) last announced its earnings results on Thursday, May 14th. The company reported C$1.30 EPS for the quarter. The company had revenue of C$228.70 million during the quarter. Calian Group had a return on equity of 10.35% and a net margin of 3.97%. As a group, equities analysts expect that Calian Group will post 4.9475219 EPS for the current fiscal year.

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.