Analysts Set Calian Group Ltd. (TSE:CGY) Price Target at C$69.67

Calian Group Ltd. (TSE:CGY) has earned a consensus rating of “Buy” from the six analysts that are covering the firm, Marketbeat reports. Five analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$69.67.

Several equities research analysts have issued reports on CGY shares. Acumen Capital dropped their price objective on Calian Group from C$75.00 to C$70.00 in a report on Wednesday, November 27th. Ventum Financial dropped their price objective on Calian Group from C$70.00 to C$68.00 in a report on Wednesday, November 27th. Finally, CIBC dropped their price objective on Calian Group from C$63.00 to C$62.00 in a report on Friday, February 14th.

Insider Activity

In other news, Director Lori O’neill purchased 600 shares of the stock in a transaction dated Tuesday, February 18th. The stock was acquired at an average cost of C$44.75 per share, for a total transaction of C$26,850.00. Following the acquisition, the director now owns 600 shares of the company’s stock, valued at C$26,850. The trade was a ∞ increase in their ownership of the stock. Also, Director Valerie Sorbie purchased 1,700 shares of the stock in a transaction dated Friday, December 27th. The stock was purchased at an average price of C$48.27 per share, with a total value of C$82,059.00. In the last ninety days, insiders bought 3,147 shares of company stock worth $148,588. 0.63% of the stock is currently owned by insiders.

Calian Group Stock Performance

Calian Group stock opened at C$42.00 on Wednesday. The stock’s 50 day moving average price is C$46.37 and its 200 day moving average price is C$47.30. The firm has a market capitalization of C$498.58 million, a PE ratio of 44.97, a price-to-earnings-growth ratio of 2.50 and a beta of 0.88. The company has a debt-to-equity ratio of 39.54, a quick ratio of 1.20 and a current ratio of 1.29. Calian Group has a one year low of C$39.41 and a one year high of C$60.18.

Calian Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, March 12th were issued a $0.28 dividend. The ex-dividend date was Wednesday, February 26th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.67%. Calian Group’s dividend payout ratio (DPR) is 119.93%.

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.