Royal Bank of Canada Cuts WELL Health Technologies (TSE:WELL) Price Target to C$7.50

WELL Health Technologies (TSE:WELL - Get Free Report) had its price objective lowered by equities researchers at Royal Bank of Canada from C$8.50 to C$7.50 in a research report issued on Monday,BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. Royal Bank of Canada's price target would suggest a potential upside of 82.93% from the stock's current price.

WELL has been the topic of a number of other research reports. Raymond James upped their price objective on WELL Health Technologies from C$10.00 to C$11.00 in a report on Tuesday, December 17th. Haywood Securities increased their price target on shares of WELL Health Technologies from C$8.00 to C$10.00 in a report on Friday, December 13th. TD Securities raised their price objective on shares of WELL Health Technologies from C$8.00 to C$8.50 in a research note on Tuesday, December 17th. CIBC upped their target price on shares of WELL Health Technologies from C$5.25 to C$7.00 in a research report on Friday, December 13th. Finally, Scotiabank lifted their price target on shares of WELL Health Technologies from C$6.00 to C$7.00 in a research report on Monday, December 16th.

WELL Health Technologies Stock Performance

TSE:WELL traded down C$0.23 during mid-day trading on Monday, reaching C$4.10. The stock had a trading volume of 1,635,213 shares, compared to its average volume of 955,441. WELL Health Technologies has a twelve month low of C$3.41 and a twelve month high of C$7.36. The business has a 50 day simple moving average of C$5.63 and a 200 day simple moving average of C$5.58. The firm has a market capitalization of C$1.02 billion, a price-to-earnings ratio of 13.89, a PEG ratio of -1.93 and a beta of 1.20. The company has a debt-to-equity ratio of 46.79, a quick ratio of 1.02 and a current ratio of 1.14.

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.