Jamieson Wellness (TSE:JWEL) Given New C$42.00 Price Target at National Bankshares

Jamieson Wellness (TSE:JWEL) had its price target boosted by National Bankshares from C$36.50 to C$42.00 in a research note issued on Monday,BayStreet.CA reports. National Bankshares’ price objective suggests a potential upside of 14.04% from the company’s current price.

A number of other research analysts have also recently commented on JWEL. Royal Bank of Canada raised their price target on shares of Jamieson Wellness from C$37.00 to C$38.00 in a research note on Friday, November 8th. TD Securities lifted their target price on shares of Jamieson Wellness from C$40.00 to C$42.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Canaccord Genuity Group boosted their price objective on shares of Jamieson Wellness from C$32.50 to C$36.25 in a research report on Friday, August 9th. Finally, BMO Capital Markets boosted their price target on shares of Jamieson Wellness from C$35.00 to C$42.00 in a research report on Friday, August 9th.

Jamieson Wellness Price Performance

JWEL traded up C$0.92 during midday trading on Monday, reaching C$36.83. 28,325 shares of the company’s stock were exchanged, compared to its average volume of 60,409. The firm has a market capitalization of C$1.53 billion, a price-to-earnings ratio of 42.84 and a beta of 0.63. The company has a quick ratio of 1.08, a current ratio of 3.21 and a debt-to-equity ratio of 92.76. Jamieson Wellness has a one year low of C$23.98 and a one year high of C$36.98. The business has a 50-day simple moving average of C$34.66 and a two-hundred day simple moving average of C$31.28.

Insider Buying and Selling

In other news, Director Michael Al Pilato sold 24,465 shares of the stock in a transaction on Friday, September 13th. The shares were sold at an average price of C$33.41, for a total transaction of C$817,380.54. Also, Senior Officer Regan Stewart sold 1,637 shares of the firm’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of C$35.67, for a total transaction of C$58,384.75. In the last 90 days, insiders have sold 32,402 shares of company stock worth $1,100,612. Corporate insiders own 0.26% of the company’s stock.

Jamieson Wellness Company Profile

Jamieson Wellness Inc, together with its subsidiaries, develops, manufactures, distributes, markets, and sells of branded and customer branded health products for humans in Canada, the United States, China and internationally. It operates through two segments, Jamieson Brands and Strategic Partners. The Jamieson Brands segment manufactures, distributes, and markets branded natural health products including vitamins, minerals, and supplements.