Vitalhub Corp. (TSE:VHI) Receives Average Rating of "Buy" from Brokerages

Vitalhub Corp. (TSE:VHI - Get Free Report) has earned an average rating of "Buy" from the seven analysts that are currently covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is C$13.25.

Several brokerages have recently weighed in on VHI. Raymond James Financial upped their target price on Vitalhub from C$13.50 to C$14.00 and gave the stock an "outperform" rating in a research note on Friday, June 20th. National Bankshares set a C$14.00 target price on Vitalhub and gave the stock an "outperform" rating in a research note on Tuesday, June 10th. National Bank Financial raised Vitalhub to a "strong-buy" rating in a research note on Monday, June 9th. TD Securities upped their target price on Vitalhub from C$13.00 to C$14.00 and gave the stock a "buy" rating in a research note on Monday, March 31st. Finally, Scotiabank upped their target price on Vitalhub from C$14.00 to C$14.50 and gave the stock an "outperform" rating in a research note on Friday, June 20th.

Insider Buying and Selling

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

Vitalhub Price Performance

Shares of VHI stock opened at C$10.76 on Friday. The company has a market cap of C$582.03 million, a price-to-earnings ratio of 175.01, a PEG ratio of 1.18 and a beta of 1.26. The stock has a 50 day simple moving average of C$10.77 and a 200-day simple moving average of C$10.58. Vitalhub has a 1-year low of C$6.74 and a 1-year high of C$12.34.

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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