Jamieson Wellness (TSE:JWEL) Given New C$38.00 Price Target at Royal Bank of Canada

Jamieson Wellness (TSE:JWEL) had its price target increased by Royal Bank of Canada from C$37.00 to C$38.00 in a research note issued to investors on Friday,BayStreet.CA reports.

Several other research analysts have also recently weighed in on JWEL. Canaccord Genuity Group boosted their price target on shares of Jamieson Wellness from C$32.50 to C$36.25 in a research report on Friday, August 9th. TD Securities boosted their price target on shares of Jamieson Wellness from C$40.00 to C$42.00 and gave the company a “buy” rating in a research report on Friday. Finally, BMO Capital Markets boosted their price target on shares of Jamieson Wellness from C$35.00 to C$42.00 in a research report on Friday, August 9th.

Jamieson Wellness Trading Up 0.4 %

Shares of JWEL stock opened at C$35.76 on Friday. The company’s 50-day moving average price is C$34.04 and its 200-day moving average price is C$30.66. 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 stock has a market cap of C$1.48 billion, a price-to-earnings ratio of 41.58 and a beta of 0.63. Jamieson Wellness has a twelve month low of C$23.98 and a twelve month high of C$35.90.

Insider Activity at Jamieson Wellness

In related news, Senior Officer Regan Stewart sold 8,732 shares of the business’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of C$31.65, for a total value of C$276,373.04. In other Jamieson Wellness news, Senior Officer Regan Stewart sold 8,732 shares of the business’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of C$31.65, for a total transaction of C$276,373.04. Also, Director Michael Al Pilato sold 24,465 shares of the business’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of C$33.41, for a total transaction of C$817,380.54. 0.26% of the stock is owned by insiders.

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.