Callidus Capital Corp (TSE:CBL) Receives C$14.08 Consensus Target Price from Analysts

Callidus Capital Corp (TSE:CBL) has been given an average rating of “Hold” by the six research firms that are presently covering the company. Four investment analysts have rated the stock with a hold recommendation. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$14.08.

Separately, CIBC raised their price target on Callidus Capital Corp from C$14.50 to C$16.50 in a report on Tuesday, August 16th.

Shares of Callidus Capital Corp (TSE:CBL) opened at 16.70 on Tuesday. The firm has a market capitalization of $840.14 million and a price-to-earnings ratio of 10.25. The stock’s 50 day moving average price is $16.35 and its 200-day moving average price is $14.77. Callidus Capital Corp has a 12 month low of $6.94 and a 12 month high of $16.89.

About Callidus Capital Corp

Callidus Capital Corporation (Callidus) is a Canada-based company, which is engaged in providing financing solutions for companies that are unable to obtain financing from lending institutions. The Company operates a finance business that provides senior secured asset-based loans and lending services to mid-market companies operating in Canada and the United States.

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