Jamieson Wellness (JWEL) PT Lowered to C$28.00 at Royal Bank of Canada

Jamieson Wellness (TSE:JWEL) had its price objective cut by Royal Bank of Canada from C$29.00 to C$28.00 in a report released on Wednesday. They currently have an outperform rating on the stock.

A number of other analysts have also commented on the stock. Canaccord Genuity cut their price objective on shares of Jamieson Wellness from C$28.00 to C$26.00 in a research report on Wednesday. National Bank Financial cut their price objective on shares of Jamieson Wellness from C$29.00 to C$27.00 and set an outperform rating on the stock in a research report on Wednesday. Finally, BMO Capital Markets lowered shares of Jamieson Wellness from an outperform rating to a market perform rating and cut their price objective for the stock from C$28.00 to C$24.00 in a research report on Wednesday. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of Buy and a consensus price target of C$26.60.

Shares of JWEL stock opened at C$18.75 on Wednesday. The company has a quick ratio of 0.86, a current ratio of 1.83 and a debt-to-equity ratio of 77.16. Jamieson Wellness has a 12 month low of C$17.15 and a 12 month high of C$27.88.

In other news, Director David Michael Williams purchased 10,000 shares of the company’s stock in a transaction on Monday, August 13th. The shares were purchased at an average cost of C$26.00 per share, with a total value of C$260,000.00.

Jamieson Wellness Company Profile

Jamieson Wellness Inc develops, manufactures, distributes, sells, and markets natural health products worldwide. The company operates in two segments, Jamieson Brands and Strategic Partners. The company offers health products for humans, including vitamins, herbals, and mineral nutritional supplements; and over-the-counter remedies under the Jamieson and LVHS brands, as well as sports nutrition products under the Progressive, Precision, and Iron Vegan brands.

Read More: Compound Annual Growth Rate (CAGR)

Analyst Recommendations for Jamieson Wellness (TSE:JWEL)

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