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

Jamieson Wellness (TSE:JWEL) had its target price lifted by Royal Bank of Canada from C$37.00 to C$38.00 in a report released on Friday,BayStreet.CA reports.

A number of other analysts also recently commented on the stock. 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. 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. Finally, TD Securities boosted their price target on shares of Jamieson Wellness from C$40.00 to C$42.00 and gave the stock a “buy” rating in a research report on Friday.

Jamieson Wellness Stock Performance

TSE:JWEL traded up C$1.94 during mid-day trading on Friday, hitting C$35.62. The stock had a trading volume of 125,093 shares, compared to its average volume of 61,116. Jamieson Wellness has a 52 week low of C$23.98 and a 52 week high of C$35.90. The stock has a market capitalization of C$1.48 billion, a price-to-earnings ratio of 41.42 and a beta of 0.63. The company has a 50 day simple moving average of C$33.95 and a 200-day simple moving average of C$30.60. The company has a current ratio of 3.21, a quick ratio of 1.08 and a debt-to-equity ratio of 92.76.

Insider Transactions at Jamieson Wellness

In other news, Director Michael Al Pilato sold 24,465 shares of Jamieson Wellness stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of C$33.41, for a total value of C$817,380.54. In other news, Director Michael Al Pilato sold 24,465 shares of Jamieson Wellness stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of C$33.41, for a total value of C$817,380.54. Also, Senior Officer Donald Bird sold 38,861 shares of the firm’s stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of C$31.23, for a total transaction of C$1,213,562.97. Insiders have sold 72,058 shares of company stock valued at $2,307,317 in the last quarter. Insiders own 0.26% of the company’s stock.

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.