Brokerages Set Jamieson Wellness Inc. (TSE:JWEL) Price Target at C$36.36

Jamieson Wellness Inc. (TSE:JWEL - Get Free Report) has been assigned an average rating of "Moderate Buy" from the six analysts that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is C$36.36.

A number of research firms have commented on JWEL. TD Securities lifted their price objective on shares of Jamieson Wellness from C$36.00 to C$40.00 in a research note on Friday, August 9th. Canaccord Genuity Group lifted their price objective on shares of Jamieson Wellness from C$32.50 to C$36.25 in a research note on Friday, August 9th. Royal Bank of Canada lifted their target price on shares of Jamieson Wellness from C$32.00 to C$37.00 in a report on Friday, August 9th. Finally, BMO Capital Markets lifted their target price on shares of Jamieson Wellness from C$35.00 to C$42.00 in a report on Friday, August 9th.

Insider Buying and Selling at Jamieson Wellness

In other Jamieson Wellness news, Senior Officer Donald Bird sold 38,861 shares of the company's stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of C$31.23, for a total value of C$1,213,562.97. In other news, Senior Officer Donald Bird sold 38,861 shares of the business's stock in a transaction that occurred on Tuesday, August 13th. The shares were sold at an average price of C$31.23, for a total value of C$1,213,562.97. Also, Director Michael Al Pilato sold 24,465 shares of the business's stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of C$33.41, for a total transaction of C$817,380.54. Insiders have sold 72,058 shares of company stock valued at $2,307,317 over the last quarter. Corporate insiders own 0.26% of the company's stock.

Jamieson Wellness Stock Up 0.3 %

TSE:JWEL traded up C$0.12 during midday trading on Friday, hitting C$35.42. 25,808 shares of the company were exchanged, compared to its average volume of 62,087. The company has a fifty day simple moving average of C$33.17 and a 200 day simple moving average of C$29.80. Jamieson Wellness has a fifty-two week low of C$22.10 and a fifty-two week high of C$35.85. 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$1.47 billion, a PE ratio of 41.19 and a beta of 0.63.

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.