Jamieson Wellness (TSE:JWEL) Stock Price Up 0.7% - What's Next?

Key Points

• Jamieson Wellness Inc. (TSE: JWEL) saw a 0.7% increase in its stock price, closing at C$37.40 after trading as high as C$37.67.
• Recent analyst ratings have been positive, with firms like National Bank and BMO Capital Markets raising their target prices, indicating a consensus rating of "Buy" and an average target price of C$42.40.
• The company operates mainly in the natural health products sector, with most revenue generated from its Jamieson brand, and has a market capitalization of C$1.56 billion.

Shares of Jamieson Wellness Inc. (TSE:JWEL - Get Free Report) rose 0.7% on Wednesday . The stock traded as high as C$37.67 and last traded at C$37.40. Approximately 54,907 shares were traded during mid-day trading, a decline of 22% from the average daily volume of 70,737 shares. The stock had previously closed at C$37.15.

Analyst Ratings Changes

JWEL has been the subject of several recent analyst reports. National Bankshares upped their price target on Jamieson Wellness from C$40.00 to C$40.60 and gave the stock an "outperform" rating in a research note on Friday, August 8th. BMO Capital Markets increased their target price on Jamieson Wellness from C$41.00 to C$42.00 and gave the company an "outperform" rating in a research report on Friday, August 8th. TD Securities increased their target price on Jamieson Wellness from C$42.00 to C$45.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Finally, Royal Bank Of Canada increased their target price on Jamieson Wellness from C$40.00 to C$42.00 in a research report on Friday, May 9th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of C$42.40.

Jamieson Wellness Stock Up 0.7%

The company has a fifty day moving average of C$35.51 and a two-hundred day moving average of C$33.38. The company has a market cap of C$1.56 billion, a PE ratio of 28.12 and a beta of 1.22. The company has a debt-to-equity ratio of 75.70, a quick ratio of 1.08 and a current ratio of 2.76.

About Jamieson Wellness

Jamieson Wellness Inc is engaged in the manufacturing, distributing, and marketing of branded natural health products, including vitamins, minerals, and supplements. The company operates in two segments: The Jamieson brands and The Strategic Partners. The majority of its revenue comes from the Jamieson brand segment.

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