Jamieson Wellness Inc. (TSE:JWEL) Receives Consensus Rating of “Moderate Buy” from Analysts

Jamieson Wellness Inc. (TSE:JWEL) has been given an average rating of “Moderate Buy” by the six brokerages that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$36.36.

JWEL has been the subject of several recent analyst reports. TD Securities upped their target price on Jamieson Wellness from C$36.00 to C$40.00 in a research note on Friday, August 9th. Canaccord Genuity Group raised their price objective on Jamieson Wellness from C$32.50 to C$36.25 in a research note on Friday, August 9th. BMO Capital Markets lifted their target price on Jamieson Wellness from C$35.00 to C$42.00 in a research report on Friday, August 9th. Finally, Royal Bank of Canada increased their target price on shares of Jamieson Wellness from C$32.00 to C$37.00 in a report on Friday, August 9th.

Insider Transactions at Jamieson Wellness

In other news, Senior Officer Donald Bird sold 38,861 shares of Jamieson Wellness stock in a transaction dated 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. In other news, Senior Officer Donald Bird sold 38,861 shares of the firm’s stock in a transaction that occurred on Tuesday, August 13th. The shares were sold at an average price of C$31.23, for a total transaction of C$1,213,562.97. Also, Senior Officer Regan Stewart sold 8,732 shares of Jamieson Wellness stock in a transaction on Monday, August 26th. The shares were sold at an average price of C$31.65, for a total transaction of C$276,373.04. Insiders sold a total of 72,058 shares of company stock worth $2,307,317 over the last three months. 0.26% of the stock is owned by company insiders.

Jamieson Wellness Stock Performance

Shares of Jamieson Wellness stock opened at C$35.30 on Friday. 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 company has a market cap of C$1.46 billion, a PE ratio of 41.05 and a beta of 0.63. The company has a 50 day moving average of C$33.11 and a 200-day moving average of C$29.74. Jamieson Wellness has a 1-year low of C$22.10 and a 1-year high of C$35.85.

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.