Raymond James Financial Lowers Vitalhub (TSE:VHI) Price Target to C$11.00

Vitalhub (TSE:VHI) had its target price lowered by analysts at Raymond James Financial from C$15.00 to C$11.00 in a report released on Tuesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Raymond James Financial’s price objective suggests a potential upside of 56.92% from the stock’s current price.

A number of other equities analysts have also issued reports on VHI. Scotiabank decreased their target price on shares of Vitalhub from C$15.00 to C$12.00 and set an “outperform” rating for the company in a research report on Wednesday, February 4th. ATB Cormark Capital Markets dropped their price target on shares of Vitalhub from C$16.50 to C$15.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 10th. Finally, Royal Bank Of Canada reduced their price target on shares of Vitalhub from C$13.00 to C$12.00 and set an “outperform” rating for the company in a research note on Monday, January 26th. One analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of C$13.86.

Vitalhub Stock Up 0.1%

Vitalhub stock traded up C$0.01 during mid-day trading on Tuesday, hitting C$7.01. 670,837 shares of the company’s stock traded hands, compared to its average volume of 363,683. Vitalhub has a one year low of C$6.67 and a one year high of C$14.64. The firm has a 50 day moving average price of C$8.21 and a 200 day moving average price of C$9.42. The company has a market cap of C$442.48 million, a PE ratio of 175.25, a price-to-earnings-growth ratio of 1.18 and a beta of 0.65.

Vitalhub (TSE:VHI) last released its quarterly earnings results on Wednesday, March 18th. The company reported C$0.06 earnings per share (EPS) for the quarter. The company had revenue of C$31.39 million during the quarter. Vitalhub had a return on equity of 2.75% and a net margin of 5.61%. On average, analysts expect that Vitalhub will post 0.2296467 earnings per share for the current fiscal year.

Vitalhub Company Profile

Vitalhub Corp is Canada-based firm that develops technology solutions for health and human services providers in the mental health (child through adult), long term care, community health service, home health, social service, and acute care sectors. Its technologies include blockchain, mobile, patient flow, web-based assessment, and electronic health record solutions.