Analysts Set Vitalhub Corp. (TSE:VHI) Target Price at C$13.25

Vitalhub Corp. (TSE:VHI - Get Free Report) has earned a consensus recommendation of "Buy" from the seven ratings firms that are presently covering the company, Marketbeat reports. Six analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is C$13.25.

VHI has been the subject of a number of recent research reports. Scotiabank lifted their price objective 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. National Bankshares set a C$14.00 price objective on Vitalhub and gave the stock an "outperform" rating in a research report on Tuesday, June 10th. 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 note on Friday, June 20th. Finally, National Bank Financial raised Vitalhub to a "strong-buy" rating in a research note on Monday, June 9th.

Vitalhub Stock Down 1.7%

Shares of TSE VHI traded down C$0.23 during mid-day trading on Wednesday, hitting C$13.53. 241,434 shares of the company were exchanged, compared to its average volume of 131,067. Vitalhub has a 1-year low of C$7.48 and a 1-year high of C$14.34. The firm has a market cap of C$731.87 million, a price-to-earnings ratio of 220.06, a price-to-earnings-growth ratio of 1.18 and a beta of 1.26. The stock has a 50 day simple moving average of C$11.43 and a 200-day simple moving average of C$10.78.

Insider Activity

In related news, Director Francis Nelson Shen bought 25,000 shares of the stock in a transaction that occurred on Friday, May 16th. The shares were acquired at an average price of C$10.23 per share, with a total value of C$255,750.00. 18.57% of the stock is owned by corporate insiders.

About Vitalhub

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.