Jamieson Wellness (TSE:JWEL) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

Jamieson Wellness (TSE:JWEL) had its price objective raised by stock 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 would suggest a potential upside of 23.19% from the stock’s previous close.

Several other analysts have also issued reports on the stock. National Bankshares boosted their price target on shares of Jamieson Wellness from C$36.50 to C$42.00 in a research report on Monday, November 25th. Royal Bank of Canada boosted their price objective on shares of Jamieson Wellness from C$37.00 to C$38.00 in a research note on Friday, November 8th. Finally, TD Securities upped 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.

Jamieson Wellness Price Performance

JWEL opened at C$37.34 on Thursday. Jamieson Wellness has a fifty-two week low of C$23.98 and a fifty-two week high of C$38.20. The firm has a 50-day moving average of C$35.62 and a 200 day moving average of C$32.69. The company has a debt-to-equity ratio of 92.76, a quick ratio of 1.08 and a current ratio of 3.21. The firm has a market cap of C$1.55 billion, a P/E ratio of 43.42 and a beta of 0.63.

Insider Transactions at Jamieson Wellness

In other Jamieson Wellness news, Senior Officer Regan Stewart sold 1,300 shares of the company’s stock in a transaction 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. Over the last ninety days, insiders sold 11,237 shares of company stock worth $407,455. Company insiders own 0.26% of the company’s stock.

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.