Jamieson Wellness Inc. (TSE:JWEL – Get Free Report) shares were up 0.1% during trading on Monday . The company traded as high as C$26.21 and last traded at C$26.19. Approximately 41,872 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 82,649 shares. The stock had previously closed at C$26.16.
Wall Street Analyst Weigh In
A number of analysts have recently commented on JWEL shares. CIBC dropped their price target on Jamieson Wellness from C$32.00 to C$28.00 in a research report on Friday, March 15th. Stifel Nicolaus dropped their price target on Jamieson Wellness from C$45.00 to C$42.00 in a research report on Thursday, March 14th. TD Securities cut Jamieson Wellness from an “action list buy” rating to a “buy” rating and dropped their price target for the stock from C$42.00 to C$39.00 in a research report on Thursday, March 14th. National Bankshares dropped their price target on Jamieson Wellness from C$38.50 to C$36.00 in a research report on Thursday, March 14th. Finally, Royal Bank of Canada dropped their price target on Jamieson Wellness from C$35.00 to C$31.00 and set an “outperform” rating on the stock in a research report on Thursday, March 14th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Jamieson Wellness presently has a consensus rating of “Moderate Buy” and an average target price of C$35.47.
View Our Latest Research Report on JWEL
Jamieson Wellness Price Performance
Jamieson Wellness Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 15th were paid a $0.19 dividend. The ex-dividend date was Thursday, February 29th. This represents a $0.76 annualized dividend and a dividend yield of 2.90%. Jamieson Wellness’s dividend payout ratio (DPR) is 70.37%.
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.
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