Vitalhub (TSE:VHI) Given New C$14.50 Price Target at Scotiabank

Vitalhub (TSE:VHI - Get Free Report) had its target price hoisted by equities researchers at Scotiabank from C$14.00 to C$14.50 in a note issued to investors on Friday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. Scotiabank's target price indicates a potential upside of 29.93% from the company's previous close.

A number of other research firms have also weighed in on VHI. TD Securities upped their price objective 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. Raymond James Financial set a C$13.50 price target on Vitalhub and gave the stock an "outperform" rating in a research note on Thursday, March 27th. National Bankshares set a C$14.00 price objective on shares of Vitalhub and gave the company an "outperform" rating in a research report on Tuesday, June 10th. Finally, National Bank Financial raised shares of Vitalhub to a "strong-buy" rating in a report on Monday, June 9th. Six analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of C$13.25.

Vitalhub Price Performance

Shares of TSE:VHI traded up C$0.11 during midday trading on Friday, hitting C$11.16. The company had a trading volume of 33,326 shares, compared to its average volume of 127,448. The company 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 has a fifty day moving average of C$10.58 and a two-hundred day moving average of C$10.63. Vitalhub has a 12-month low of C$6.74 and a 12-month high of C$12.34.

Insider Buying and Selling at Vitalhub

In other Vitalhub news, Director Francis Nelson Shen purchased 25,000 shares of the stock in a transaction on Friday, May 16th. The shares were bought at an average cost of C$10.23 per share, with a total value 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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