Calian Group Ltd (CGY) Price Target Raised to C$35.00 at Desjardins
Calian Group Ltd (TSE:CGY) had its target price hoisted by Desjardins from C$31.00 to C$35.00 in a research note issued to investors on Tuesday morning. Desjardins also issued estimates for Calian Group’s FY2018 earnings at $2.11 EPS.
Calian Group (TSE:CGY) opened at 31.86 on Tuesday. The firm has a 50-day moving average price of $28.16 and a 200-day moving average price of $27.15. Calian Group has a 1-year low of $22.88 and a 1-year high of $33.33. The firm has a market capitalization of $243.06 million and a PE ratio of 16.76.
The company also recently announced a quarterly dividend, which was paid on Thursday, September 7th. Investors of record on Thursday, September 7th were issued a $0.28 dividend. The ex-dividend date was Tuesday, August 22nd. This represents a $1.12 annualized dividend and a yield of 3.52%.
About Calian Group
Calian Group Ltd. engages in systems engineering, and business and technology services activities in Canada, the United States, and Europe. The companys Systems Engineering segment plans, designs, and implements solutions in the satellite communications, defense/security, and high-end telecommunications sectors.
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