Calian Group (TSE:CGY) Price Target Lowered to C$68.00 at Ventum Financial

Calian Group (TSE:CGY) had its target price cut by Ventum Financial from C$70.00 to C$68.00 in a research report report published on Wednesday,BayStreet.CA reports.

Other equities research analysts have also recently issued research reports about the company. CIBC decreased their target price on Calian Group from C$76.00 to C$63.00 in a research note on Friday, August 9th. Royal Bank of Canada cut their price target on Calian Group from C$75.00 to C$65.00 in a research note on Friday, August 9th. Finally, Cormark dropped their price objective on Calian Group from C$74.00 to C$73.00 in a report on Friday, August 9th. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of C$72.29.

Calian Group Price Performance

CGY stock opened at C$47.56 on Wednesday. The business has a 50 day moving average price of C$48.55 and a 200 day moving average price of C$50.97. The stock has a market cap of C$563.59 million, a price-to-earnings ratio of 33.49, a PEG ratio of 2.50 and a beta of 0.88. Calian Group has a fifty-two week low of C$42.88 and a fifty-two week high of C$61.24. The company has a quick ratio of 1.20, a current ratio of 1.38 and a debt-to-equity ratio of 39.88.

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.