Stifel Nicolaus Trims WELL Health Technologies (TSE:WELL) Target Price to C$10.00

WELL Health Technologies (TSE:WELL) had its price objective dropped by research analysts at Stifel Nicolaus from C$11.00 to C$10.00 in a note issued to investors on Monday, BayStreet.CA reports. Stifel Nicolaus’ price target suggests a potential upside of 173.97% from the stock’s previous close.

Several other brokerages have also commented on WELL. CIBC lowered shares of WELL Health Technologies from an “outperform” rating to a “neutral” rating and dropped their price target for the company from C$5.50 to C$4.75 in a research note on Monday, January 22nd. Royal Bank of Canada set a C$5.50 price objective on shares of WELL Health Technologies and gave the company an “outperform” rating in a report on Tuesday, February 6th. Finally, Pi Financial raised their target price on shares of WELL Health Technologies from C$8.25 to C$8.50 in a report on Wednesday, January 31st. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of C$7.13.

WELL Health Technologies Stock Performance

Shares of WELL Health Technologies stock opened at C$3.65 on Monday. The firm has a market cap of C$896.55 million, a PE ratio of -185.00, a price-to-earnings-growth ratio of -1.93 and a beta of 1.27. The firm’s 50-day simple moving average is C$3.78 and its 200-day simple moving average is C$3.84. The company has a debt-to-equity ratio of 50.38, a quick ratio of 1.02 and a current ratio of 1.15. WELL Health Technologies has a 1 year low of C$3.41 and a 1 year high of C$5.94.

About WELL Health Technologies

WELL Health Technologies Corp. operates as a practitioner-focused digital healthcare company in Canada, the United States, and internationally. It provides omni-channel patient services and solutions to specific markets, such as provider staffing, anesthesia, gastrointestinal health, women's health, primary care, and mental healthcare.