Brokerages Set WELL Health Technologies Corp. (TSE:WELL) Price Target at C$8.08

Shares of WELL Health Technologies Corp. (TSE:WELL) have been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is C$8.08.

A number of equities analysts have weighed in on the company. Royal Bank of Canada lowered their price objective on WELL Health Technologies from C$8.50 to C$7.50 and set an “outperform” rating on the stock in a research note on Monday, March 31st. Scotiabank reduced their price target on WELL Health Technologies from C$8.00 to C$7.00 and set an “outperform” rating on the stock in a report on Wednesday, April 16th. CIBC lowered their price target on shares of WELL Health Technologies from C$7.00 to C$5.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 16th. TD Securities cut their price objective on shares of WELL Health Technologies from C$8.50 to C$7.50 and set a “buy” rating for the company in a research report on Wednesday, April 16th. Finally, Ventum Financial reduced 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.

WELL Health Technologies Stock Up 0.7%

WELL opened at C$4.12 on Friday. The company has a market cap of C$1.03 billion, a PE ratio of 13.96, a price-to-earnings-growth ratio of -1.93 and a beta of 1.20. WELL Health Technologies has a twelve month low of C$3.63 and a twelve month high of C$7.36. The company has a 50-day moving average price of C$4.36 and a 200 day moving average price of C$5.47. The company has a quick ratio of 1.02, a current ratio of 1.14 and a debt-to-equity ratio of 46.79.

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.