Jamieson Wellness (TSE:JWEL) Price Target Raised to C$46.00

Jamieson Wellness (TSE:JWEL) had its price target lifted by research analysts at BMO Capital Markets from C$42.00 to C$46.00 in a research report issued on Thursday,BayStreet.CA reports. BMO Capital Markets’ target price points to a potential upside of 21.31% from the stock’s previous close.

JWEL has been the topic of several other research reports. Royal Bank of Canada lifted their price objective on shares of Jamieson Wellness from C$37.00 to C$38.00 in a research report on Friday, November 8th. TD Securities lifted their price target 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. Finally, National Bankshares increased their price objective on Jamieson Wellness from C$36.50 to C$42.00 in a report on Monday, November 25th.

Jamieson Wellness Stock Up 0.6 %

Jamieson Wellness stock traded up C$0.21 during midday trading on Thursday, hitting C$37.92. 54,075 shares of the stock were exchanged, compared to its average volume of 60,122. The company has a quick ratio of 1.08, a current ratio of 3.21 and a debt-to-equity ratio of 92.76. The stock has a market capitalization of C$1.57 billion, a price-to-earnings ratio of 44.09 and a beta of 0.63. Jamieson Wellness has a 52-week low of C$23.98 and a 52-week high of C$38.14. The business’s 50-day moving average price is C$35.57 and its 200-day moving average price is C$32.61.

Insider Activity

In other Jamieson Wellness news, Senior Officer Regan Stewart sold 1,300 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of C$37.84, for a total value of C$49,192.00. Insiders sold 11,237 shares of company stock worth $407,455 in the last three months. 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.