Shares of Jamieson Wellness Inc. (TSE:JWEL – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$35.73 and last traded at C$35.73, with a volume of 18276 shares changing hands. The stock had previously closed at C$35.23.
Wall Street Analyst Weigh In
JWEL has been the topic of several recent research reports. BMO Capital Markets boosted their price target on Jamieson Wellness from C$35.00 to C$42.00 in a research report on Friday, August 9th. Canaccord Genuity Group boosted their price target on Jamieson Wellness from C$32.50 to C$36.25 in a research report on Friday, August 9th. TD Securities boosted their price target on Jamieson Wellness from C$36.00 to C$40.00 in a research report on Friday, August 9th. Finally, Royal Bank of Canada boosted their target price on Jamieson Wellness from C$32.00 to C$37.00 in a research report on Friday, August 9th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$36.36.
Check Out Our Latest Report on Jamieson Wellness
Jamieson Wellness Price Performance
Insider Buying and Selling
In related news, Senior Officer Regan Stewart sold 8,732 shares of the company’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of C$31.65, for a total value of C$276,373.04. In related news, Senior Officer Donald Bird sold 38,861 shares of the company’s stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of C$31.23, for a total value of C$1,213,562.97. Also, Senior Officer Regan Stewart sold 8,732 shares of the company’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of C$31.65, for a total value of C$276,373.04. Insiders have sold a total of 72,058 shares of company stock worth $2,307,317 in the last quarter. 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.
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