Jamieson Wellness (TSE:JWEL) Given New C$42.00 Price Target at TD Securities

Jamieson Wellness (TSE:JWEL) had its target price raised by TD Securities from C$40.00 to C$42.00 in a research report sent to investors on Friday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

A number of other equities research analysts have also issued reports on the company. Canaccord Genuity Group raised their price target on Jamieson Wellness from C$32.50 to C$36.25 in a research note on Friday, August 9th. BMO Capital Markets raised their price target on Jamieson Wellness from C$35.00 to C$42.00 in a research note on Friday, August 9th. Finally, Royal Bank of Canada raised their price target on Jamieson Wellness from C$32.00 to C$37.00 in a research note on Friday, August 9th.

Jamieson Wellness Price Performance

Shares of Jamieson Wellness stock opened at C$35.62 on Friday. The stock has a market cap of C$1.48 billion, a price-to-earnings ratio of 41.42 and a beta of 0.63. The company has a debt-to-equity ratio of 92.76, a quick ratio of 1.08 and a current ratio of 3.21. The stock has a 50 day moving average price of C$33.95 and a 200-day moving average price of C$30.63. Jamieson Wellness has a one year low of C$23.98 and a one year high of C$35.90.

Insider Buying and Selling at Jamieson Wellness

In other Jamieson Wellness news, Senior Officer Donald Bird sold 38,861 shares of Jamieson Wellness stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of C$31.23, for a total transaction 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 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 business’s stock in a transaction 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. Insiders sold a total of 72,058 shares of company stock valued at $2,307,317 in the last ninety days. Corporate 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.