Calian Group Expands Northern Healthcare Reach with Acquisition of AMS

Calian Group ( (TSE:CGY) ) has provided an announcement.

Calian Group Ltd. has acquired Advanced Medical Solutions (AMS), a leading provider of remote and emergency healthcare services in Northern Canada. This strategic acquisition aims to enhance healthcare access and outcomes in Canada’s northern regions by combining the expertise and resources of both companies. The partnership will support the expansion of healthcare services in underserved communities, aligning with national priorities and upcoming federal investments in the Arctic region. AMS will operate under Calian during the transition, with a focus on maintaining service continuity and strengthening community partnerships.

The most recent analyst rating on (TSE:CGY) stock is a Buy with a C$80.00 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 Outperform.

Calian Group Ltd. exhibits strong growth potential driven by revenue and cash flow improvements, supported by strategic initiatives and a solid balance sheet. However, high valuation concerns and challenges in profit margins and organic growth temper the outlook.

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 in the defence, space, and healthcare sectors. The company is focused on delivering integrated healthcare solutions, enhancing service offerings, and diversifying its customer base, with a commitment to building deeper engagement with Indigenous communities.

Average Trading Volume: 30,281

Technical Sentiment Signal: Buy

Current Market Cap: C$589.2M

See more data about CGY stock on TipRanks’ Stock Analysis page.