Jamieson Wellness (TSE:JWEL) Price Target Raised to C$45.00

Jamieson Wellness (TSE:JWEL) had its target price boosted by equities researchers at National Bank Financial from C$40.50 to C$45.00 in a research report issued on Monday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bank Financial’s target price would indicate a potential upside of 18.42% from the stock’s previous close.

Jamieson Wellness Trading Down 2.7%

TSE JWEL traded down C$1.05 on Monday, reaching C$38.00. The company had a trading volume of 35,553 shares, compared to its average volume of 72,945. Jamieson Wellness has a 52 week low of C$27.90 and a 52 week high of C$39.30. The stock’s 50 day moving average is C$34.99 and its 200-day moving average is C$35.32. The company has a quick ratio of 1.08, a current ratio of 2.76 and a debt-to-equity ratio of 75.70. The stock has a market cap of C$1.59 billion, a price-to-earnings ratio of 26.57 and a beta of 1.59.

About Jamieson Wellness

Jamieson Wellness Inc is engaged in the manufacturing, distributing, and marketing of branded natural health products, including vitamins, minerals, and supplements. The company operates in two segments: The Jamieson brands and The Strategic Partners. The majority of its revenue comes from the Jamieson brand segment. Some of its brands are Jamieson, Progressive, Precision, and Iron Vegan. Geographically, most of its revenue is derived from the domestic market.