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

Jamieson Wellness (TSE:JWEL) had its price objective boosted by BMO Capital Markets from C$42.00 to C$46.00 in a report issued on Thursday,BayStreet.CA reports. BMO Capital Markets’ target price points to a potential upside of 21.31% from the company’s current price.

Several other equities research analysts have also commented on the stock. TD Securities raised their price target on shares of Jamieson Wellness from C$40.00 to C$42.00 and gave the company a “buy” rating in a research note on Friday, November 8th. National Bankshares increased their price target on Jamieson Wellness from C$36.50 to C$42.00 in a research note on Monday, November 25th. Finally, Royal Bank of Canada upped their price objective on Jamieson Wellness from C$37.00 to C$38.00 in a report on Friday, November 8th.

Jamieson Wellness Stock Up 0.6 %

Shares of TSE JWEL traded up C$0.21 during trading on Thursday, reaching C$37.92. 54,075 shares of the stock were exchanged, compared to its average volume of 60,122. The company has a market capitalization of C$1.57 billion, a price-to-earnings ratio of 44.09 and a beta of 0.63. The business’s 50-day moving average price is C$35.57 and its 200 day moving average price is C$32.61. 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 twelve month low of C$23.98 and a twelve month high of C$38.14.

Insider Transactions at Jamieson Wellness

In related news, Senior Officer Regan Stewart sold 1,637 shares of Jamieson Wellness stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of C$35.67, for a total value of C$58,384.75. Over the last quarter, insiders have sold 11,237 shares of company stock worth $407,455. Company 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.