National Bankshares Forecasts Strong Price Appreciation for Jamieson Wellness (TSE:JWEL) Stock

Jamieson Wellness (TSE:JWEL) had its target price upped by stock analysts at National Bankshares from C$36.50 to C$42.00 in a note issued to investors on Monday,BayStreet.CA reports. National Bankshares’ price objective would suggest a potential upside of 15.19% from the company’s previous close.

Several other equities research analysts also recently weighed in on JWEL. TD Securities upped their price target on 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 upped their price target on Jamieson Wellness from C$32.50 to C$36.25 in a report on Friday, August 9th. Royal Bank of Canada upped their price target on Jamieson Wellness from C$37.00 to C$38.00 in a report on Friday, November 8th. Finally, BMO Capital Markets upped their price target on Jamieson Wellness from C$35.00 to C$42.00 in a report on Friday, August 9th.

Jamieson Wellness Price Performance

JWEL stock opened at C$36.46 on Monday. The company has a current ratio of 3.21, a quick ratio of 1.08 and a debt-to-equity ratio of 92.76. The company has a market capitalization of C$1.51 billion, a PE ratio of 42.33 and a beta of 0.63. Jamieson Wellness has a 12-month low of C$23.98 and a 12-month high of C$36.98. The business’s fifty day moving average price is C$34.73 and its 200 day moving average price is C$31.32.

Insiders Place Their Bets

In other news, Senior Officer Regan Stewart sold 6,300 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of C$35.69, for a total transaction of C$224,847.00. Also, Director Michael Al Pilato sold 24,465 shares of the stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of C$33.41, for a total value of C$817,380.54. In the last ninety days, insiders sold 32,402 shares of company stock valued at $1,100,612. 0.26% of the stock is owned by company insiders.

About Jamieson Wellness

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.