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Calian Group ( (TSE:CGY) ) has issued an update.
Calian Group Ltd. has secured a three-year contract with the Ottawa International Airport Authority to implement and manage a cyber-focused Security Operations Centre (SOC). This initiative is part of the airport’s strategy to enhance its cybersecurity capabilities, reflecting a forward-thinking approach to protecting both physical and virtual environments. The partnership builds on a successful IT modernization project and represents a shift towards leveraging advanced systems to support future growth. Calian’s tailored, expert-driven SOC solutions are designed to provide seamless protection, enabling clients to focus on their core operations with confidence in their security posture.
The most recent analyst rating on (TSE:CGY) stock is a Hold with a C$56.00 price target. To see the full list of analyst forecasts on Calian Group stock, see the TSE:CGY Stock Forecast page.
Spark’s Take on TSE:CGY Stock
According to Spark, TipRanks’ AI Analyst, TSE:CGY is a Neutral.
Calian Group’s overall stock score reflects strong financial performance in revenue growth and cash flow, supported by positive earnings call insights. However, challenges in profitability, valuation concerns, and technical indicators suggest caution. The company’s strategic focus on defense and international growth provides a positive outlook, but cost management and ITCS segment issues need addressing.
To see Spark’s full report on TSE:CGY stock, click here.
More about Calian Group
Calian Group Ltd. is a trusted provider of mission-critical solutions, delivering IT and cybersecurity services for over 40 years. The company focuses on four key pillars: cybersecurity, cloud modernization, data and AI, and staff augmentation. Headquartered in Ottawa, Canada, Calian serves North American and European markets, providing resilient solutions that enhance security, foster connectivity, and drive economic progress.
Average Trading Volume: 22,321
Technical Sentiment Signal: Buy
Current Market Cap: C$586.3M
Learn more about CGY stock on TipRanks’ Stock Analysis page.