WELL Health Technologies Corp. (TSE:WELL) Receives Average Recommendation of "Buy" from Analysts

Key Points

• Six analysts give WELL Health Technologies an average recommendation of Buy, with a mean 12‑month target price of C$7.35.
• Broker actions are mixed: Canadian Imperial Bank of Commerce upgraded WELL to outperform, while Scotiabank cut its price target to C$6.50 but still rates it outperform.
• Shares trade around C$4.35 (50‑day MA C$4.08; 200‑day MA C$4.42) with a market cap of C$1.10B, a negative PE (‑48.33) and a high debt‑to‑equity ratio (73.92), indicating valuation and leverage risks.

WELL Health Technologies Corp. (TSE:WELL - Get Free Report) has received an average recommendation of "Buy" from the six research firms that are presently covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a buy rating. The average twelve-month target price among analysts that have issued a report on the stock in the last year is C$7.35.

A number of brokerages have issued reports on WELL. Canadian Imperial Bank of Commerce upgraded WELL Health Technologies from a "neutral" rating to an "outperform" rating in a report on Wednesday, December 3rd. Scotiabank decreased their price target on shares of WELL Health Technologies from C$7.00 to C$6.50 and set an "outperform" rating for the company in a report on Wednesday, February 4th.

WELL Health Technologies Price Performance

Shares of WELL stock opened at C$4.35 on Friday. The stock's fifty day moving average is C$4.08 and its 200-day moving average is C$4.42. The company has a debt-to-equity ratio of 73.92, a quick ratio of 1.02 and a current ratio of 0.92. The stock has a market capitalization of C$1.10 billion, a PE ratio of -48.33, a PEG ratio of -1.93 and a beta of 0.85. WELL Health Technologies has a 52 week low of C$3.58 and a 52 week high of C$6.08.

About WELL Health Technologies

WELL Health Technologies Corp is the owner and operator of a portfolio of Primary Hclinics delivering healthcare-related services It operates through below segments: clinical operations and allied health, Electronic medical record (EMR), Billing and revenue cycle management solutions, Digital apps, Cybersecurity, CRH, MyHealth, and corporate/shared services. Its segments are grouped in three divisions; Omni-channel Patient Services - Primary includes clinical operations and allied health. Omni-channel Patient Services - Specialized comprises CRH and MyHealth under two segments.

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