National Bank Financial Analysts Give Calian Group (TSE:CGY) a C$100.00 Price Target

National Bank Financial set a C$100.00 price objective on Calian Group (TSE:CGY) in a research report sent to investors on Tuesday morning,BayStreet reports. The firm currently has an outperform rating on the stock.

A number of other brokerages also recently commented on CGY. Ventum Financial set a C$106.00 target price on shares of Calian Group and gave the stock a “buy” rating in a research note on Thursday, August 27th. Canadian Imperial Bank of Commerce increased their price objective on Calian Group from C$93.00 to C$107.00 in a research note on Friday, August 14th. Canaccord Genuity Group raised their price objective on Calian Group from C$103.00 to C$105.00 and gave the stock a “buy” rating in a report on Monday, June 29th. Stifel Nicolaus set a C$100.00 target price on Calian Group and gave the company a “buy” rating in a research report on Wednesday, May 20th. Finally, Ventum lifted their target price on Calian Group from C$94.00 to C$100.00 and gave the company a “buy” rating in a research report on Monday, June 15th. Eleven analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of C$101.95.

Calian Group Stock Up 1.8%

Shares of CGY opened at C$83.70 on Tuesday. The firm has a market capitalization of C$964.48 million, a P/E ratio of 25.36, a P/E/G ratio of 2.50 and a beta of 0.79. Calian Group has a 12-month low of C$44.89 and a 12-month high of C$95.50. The company has a current ratio of 1.61, a quick ratio of 1.20 and a debt-to-equity ratio of 54.28. The firm has a fifty day moving average price of C$79.72 and a 200-day moving average price of C$78.97.

Calian Group (TSE:CGY) last posted its quarterly earnings results on Thursday, August 13th. The company reported C$1.10 EPS for the quarter. The firm 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%. Equities research analysts expect that Calian Group will post 4.9475219 earnings per share for the current year.

Calian Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Wednesday, September 9th were given a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Wednesday, August 26th. Calian Group’s dividend payout ratio is presently 33.94%.

Insider Activity

In other Calian Group news, insider Patrick Belanger Houston acquired 699 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The shares were bought at an average cost of C$73.18 per share, with a total value of C$51,152.82. Following the completion of the acquisition, the insider directly owned 22,965 shares in the company, valued at C$1,680,578.70. This represents a 3.14% increase in their position. Corporate insiders own 0.63% of the company’s stock.

About Calian Group

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.