WELL Health Technologies (TSE:WELL) Price Target Raised to C$8.50 at Royal Bank of Canada

WELL Health Technologies (TSE:WELL) had its target price hoisted by stock analysts at Royal Bank of Canada from C$7.00 to C$8.50 in a note issued to investors on Tuesday,BayStreet.CA reports. Royal Bank of Canada’s price objective would indicate a potential upside of 23.01% from the stock’s previous close.

A number of other brokerages have also recently weighed in on WELL. Scotiabank increased their price target on WELL Health Technologies from C$6.00 to C$7.00 in a research report on Monday, December 16th. TD Securities raised their target price on WELL Health Technologies from C$8.00 to C$8.50 in a research note on Tuesday, December 17th. Haywood Securities upped their price target on shares of WELL Health Technologies from C$8.00 to C$10.00 in a research report on Friday, December 13th. Raymond James lifted their price objective on shares of WELL Health Technologies from C$10.00 to C$11.00 in a research report on Tuesday, December 17th. Finally, Ventum Financial decreased their target price on shares of WELL Health Technologies from C$8.00 to C$7.00 and set a “buy” rating for the company in a research report on Tuesday, October 29th.

WELL Health Technologies Price Performance

Shares of TSE:WELL opened at C$6.91 on Tuesday. The company has a quick ratio of 1.02, a current ratio of 1.25 and a debt-to-equity ratio of 41.57. The firm has a 50-day simple moving average of C$6.04 and a 200 day simple moving average of C$5.07. WELL Health Technologies has a fifty-two week low of C$3.41 and a fifty-two week high of C$7.36. The company has a market cap of C$1.72 billion, a PE ratio of 12.12, 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.