Analysts Set WELL Health Technologies Corp. (TSE:WELL) Price Target at C$8.63

Shares of WELL Health Technologies Corp. (TSE:WELL - Get Free Report) have received an average recommendation of "Moderate Buy" from the six research firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$8.08.

WELL has been the subject of several analyst reports. Scotiabank cut their target price on WELL Health Technologies from C$8.00 to C$7.00 and set an "outperform" rating for the company in a research note on Wednesday, April 16th. CIBC decreased their target price on shares of WELL Health Technologies from C$7.00 to C$5.00 and set a "neutral" rating on the stock in a report on Wednesday, April 16th. Ventum Financial lowered their target price on shares of WELL Health Technologies from C$8.00 to C$7.60 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. Royal Bank of Canada decreased their price target on shares of WELL Health Technologies from C$8.50 to C$7.50 and set an "outperform" rating on the stock in a report on Monday, March 31st. Finally, TD Securities lowered their price objective on WELL Health Technologies from C$8.50 to C$7.50 and set a "buy" rating on the stock in a research report on Wednesday, April 16th.

WELL Health Technologies Stock Performance

Shares of TSE WELL traded down C$0.19 during midday trading on Wednesday, hitting C$3.77. The company's stock had a trading volume of 1,110,064 shares, compared to its average volume of 1,005,995. The stock has a fifty day moving average price of C$5.07 and a 200 day moving average price of C$5.56. The company has a current ratio of 1.14, a quick ratio of 1.02 and a debt-to-equity ratio of 46.79. WELL Health Technologies has a one year low of C$3.48 and a one year high of C$7.36. The firm has a market capitalization of C$942.21 million, a price-to-earnings ratio of 12.77, a P/E/G ratio of -1.93 and a beta of 1.20.

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.