Analysts Set Calian Group Ltd. (TSE:CGY) Price Target at C$74.00

Calian Group Ltd. (TSE:CGY) has been given a consensus recommendation of “Buy” by the seven analysts that are covering the firm, MarketBeat Ratings reports. Six research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is C$74.00.

CGY has been the topic of a number of analyst reports. Ventum Financial dropped their price target on Calian Group from C$74.00 to C$70.00 in a research report on Friday, August 9th. Royal Bank of Canada dropped their price target on shares of Calian Group from C$75.00 to C$65.00 in a research note on Friday, August 9th. Cormark reduced their price objective on shares of Calian Group from C$74.00 to C$73.00 in a research note on Friday, August 9th. Finally, CIBC dropped their target price on shares of Calian Group from C$76.00 to C$63.00 in a research note on Friday, August 9th.

Insider Buying and Selling

In other Calian Group news, insider Calian Technologies Ltd bought 1,600 shares of Calian Group stock in a transaction on Tuesday, August 20th. The stock was acquired at an average cost of C$46.55 per share, with a total value of C$74,480.00. Over the last quarter, insiders have purchased 3,115 shares of company stock worth $143,777. 0.63% of the stock is owned by insiders.

Calian Group Stock Up 0.2 %

TSE:CGY opened at C$48.45 on Thursday. The company has a debt-to-equity ratio of 39.88, a current ratio of 1.38 and a quick ratio of 1.20. The firm’s 50-day moving average price is C$47.70 and its 200-day moving average price is C$51.49. The company has a market capitalization of C$574.13 million, a PE ratio of 34.12, a P/E/G ratio of 2.50 and a beta of 0.88. Calian Group has a 1-year low of C$42.88 and a 1-year high of C$61.24.

Calian Group Company Profile

Calian Group Ltd. provides business services and solutions in Canada and internationally. It operates through four segment: Advanced Technologies, Health, Learning, and IT and Cyber Solutions (ITCS). The company offers systems engineering, software development, integration design, embedded design, operational management and lifecycle support, modelling and simulation-enabled design, and research & development solutions and services; environmental and radiation protection, decommissioning and waste management, regulatory affairs and licensing, and emergency preparedness and training services; and sophisticated communication systems for the satellite industry, such as antennas, RF systems, decimator RF spectrum analyzers, in-orbit test systems, software defined solutions, operations and teleport services, transmitters, receivers, and modems.