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TD Securities Raises Vitalhub (TSE:VHI) Price Target to C$16.00

Vitalhub logo with Medical background

Key Points

  • TD Securities has raised its price target for Vitalhub (TSE:VHI) from C$15.00 to C$16.00, indicating a potential upside of 22.14% from the current stock price.
  • Several analysts have also raised their targets for the stock, with Scotiabank and Raymond James Financial setting targets of C$14.50 and C$14.00, respectively, while maintaining "outperform" ratings.
  • Vitalhub's current market capitalization stands at C$708.61 million, with shares trading down to C$13.10, reflecting a 12-month trading range between C$7.62 and C$14.64.
  • Want stock alerts on Vitalhub? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Vitalhub (TSE:VHI - Get Free Report) had its target price upped by investment analysts at TD Securities from C$15.00 to C$16.00 in a research note issued on Monday,BayStreet.CA reports. The brokerage presently has a "buy" rating on the stock. TD Securities' price objective indicates a potential upside of 22.14% from the company's current price.

Several other research analysts have also commented on VHI. Scotiabank raised their price target on Vitalhub from C$14.00 to C$14.50 and gave the stock an "outperform" rating in a research report on Friday, June 20th. Raymond James Financial raised their price target on Vitalhub from C$13.50 to C$14.00 and gave the stock an "outperform" rating in a research report on Friday, June 20th. National Bank Financial upgraded Vitalhub to a "strong-buy" rating in a research report on Monday, June 9th. Finally, National Bankshares set a C$14.00 price target on Vitalhub and gave the stock an "outperform" rating in a research report on Tuesday, June 10th. Six analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Vitalhub has a consensus rating of "Buy" and a consensus target price of C$13.58.

Check Out Our Latest Stock Analysis on VHI

Vitalhub Stock Performance

Shares of VHI stock traded down C$0.86 during trading hours on Monday, reaching C$13.10. The company had a trading volume of 254,824 shares, compared to its average volume of 140,738. The company has a market capitalization of C$708.61 million, a price-to-earnings ratio of 213.07, a PEG ratio of 1.18 and a beta of 1.26. Vitalhub has a 12-month low of C$7.62 and a 12-month high of C$14.64. The stock has a fifty day moving average of C$11.84 and a 200-day moving average of C$10.87.

Insider Activity

In related news, Director Francis Nelson Shen purchased 25,000 shares of the stock in a transaction that occurred on Friday, May 16th. The shares were purchased at an average price of C$10.23 per share, with a total value of C$255,750.00. Insiders own 18.57% of the company's stock.

Vitalhub Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for Vitalhub (TSE:VHI)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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