Analysts Set WELL Health Technologies Corp. (TSE:WELL) Price Target at C$8.08

WELL Health Technologies Corp. (TSE:WELL - Get Free Report) has received an average recommendation of "Moderate Buy" from the six research firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is C$8.08.

A number of equities research analysts have issued reports on the company. TD Securities cut their price target on WELL Health Technologies from C$8.50 to C$7.50 and set a "buy" rating for the company in a research note on Wednesday, April 16th. Scotiabank cut their target price on WELL Health Technologies from C$8.00 to C$7.00 and set an "outperform" rating for the company in a research report on Wednesday, April 16th. Royal Bank of Canada decreased their target price on WELL Health Technologies from C$8.50 to C$7.50 and set an "outperform" rating on the stock in a research note on Monday, March 31st. CIBC reduced their price objective on shares of WELL Health Technologies from C$7.00 to C$5.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 16th. Finally, Ventum Financial dropped their target price on shares of WELL Health Technologies from C$8.00 to C$7.60 and set a "buy" rating for the company in a research report on Wednesday, April 16th.

WELL Health Technologies Price Performance

TSE:WELL traded up C$0.15 during trading hours on Friday, hitting C$4.07. 981,461 shares of the stock traded hands, compared to its average volume of 957,124. The company has a market cap of C$1.02 billion, a price-to-earnings ratio of 13.79, a price-to-earnings-growth ratio of -1.93 and a beta of 1.20. WELL Health Technologies has a 1 year low of C$3.63 and a 1 year high of C$7.36. The stock has a 50 day moving average price of C$4.43 and a 200 day moving average price of C$5.49. The company has a quick ratio of 1.02, a current ratio of 1.14 and a debt-to-equity ratio of 46.79.

About WELL Health Technologies

WELL Health Technologies Corp. operates as a practitioner-focused digital healthcare company in Canada, the United States, and internationally. It provides omni-channel patient services and solutions to specific markets, such as provider staffing, anesthesia, gastrointestinal health, women's health, primary care, and mental healthcare.