Raymond James Financial Increases Vitalhub (TSE:VHI) Price Target to C$14.00

Vitalhub (TSE:VHI - Get Free Report) had its price objective upped by analysts at Raymond James Financial from C$13.50 to C$14.00 in a research note issued on Friday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. Raymond James Financial's price target suggests a potential upside of 25.45% from the stock's previous close.

VHI has been the topic of several other research reports. National Bank Financial upgraded Vitalhub to a "strong-buy" rating in a research note on Monday, June 9th. National Bankshares set a C$14.00 target price on shares of Vitalhub and gave the company an "outperform" rating in a research note on Tuesday, June 10th. TD Securities raised their price target on shares of Vitalhub from C$13.00 to C$14.00 and gave the company a "buy" rating in a report on Monday, March 31st. Finally, Scotiabank boosted their price objective on shares of Vitalhub from C$14.00 to C$14.50 and gave the company an "outperform" rating in a report on Friday. Six analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Buy" and an average target price of C$13.25.

Vitalhub Stock Performance

TSE:VHI traded up C$0.11 during mid-day trading on Friday, hitting C$11.16. The stock had a trading volume of 33,326 shares, compared to its average volume of 127,448. Vitalhub has a twelve month low of C$6.74 and a twelve month high of C$12.34. The stock has a market cap of C$603.67 million, a price-to-earnings ratio of 181.51, a PEG ratio of 1.18 and a beta of 1.26. The company's 50 day simple moving average is C$10.58 and its 200 day simple moving average is C$10.63.

Insider Buying and Selling

In related news, Director Francis Nelson Shen purchased 25,000 shares of the stock in a transaction that occurred on Friday, May 16th. The stock was bought at an average cost of C$10.23 per share, for a total transaction of C$255,750.00. 18.57% of the stock is currently owned by company insiders.

Vitalhub Company Profile

Vitalhub Corp., together with its subsidiaries, provides technology solutions for health and human service providers in Canada, the United States, the United Kingdom, Australia, Western Asia, and internationally. Its solutions include electronic healthcare record, case management, care coordination and optimization, and patient flow, engagement, and operational visibility solutions.

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