National Bankshares Issues Positive Forecast for Jamieson Wellness (TSE:JWEL) Stock Price

Jamieson Wellness (TSE:JWEL) had its target price upped by stock analysts at National Bankshares from C$36.50 to C$42.00 in a note issued to investors on Monday,BayStreet.CA reports. National Bankshares’ price target would indicate a potential upside of 15.19% from the company’s previous close.

JWEL has been the topic of several other research reports. Royal Bank of Canada raised their price objective on Jamieson Wellness from C$37.00 to C$38.00 in a report on Friday, November 8th. BMO Capital Markets raised their price objective on Jamieson Wellness from C$35.00 to C$42.00 in a report on Friday, August 9th. Canaccord Genuity Group lifted their target price on Jamieson Wellness from C$32.50 to C$36.25 in a report on Friday, August 9th. Finally, TD Securities lifted their target price on Jamieson Wellness from C$40.00 to C$42.00 and gave the company a “buy” rating in a report on Friday, November 8th.

Jamieson Wellness Price Performance

JWEL stock opened at C$36.46 on Monday. Jamieson Wellness has a 52-week low of C$23.98 and a 52-week high of C$36.98. The stock’s fifty day simple moving average is C$34.73 and its 200-day simple moving average is C$31.32. The company has a quick ratio of 1.08, a current ratio of 3.21 and a debt-to-equity ratio of 92.76. The stock has a market capitalization of C$1.51 billion, a price-to-earnings ratio of 42.33 and a beta of 0.63.

Insider Buying and Selling at Jamieson Wellness

In other Jamieson Wellness news, Senior Officer Regan Stewart sold 1,637 shares of the firm’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of C$35.67, for a total value of C$58,384.75. Also, Director Michael Al Pilato sold 24,465 shares of the firm’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of C$33.41, for a total value of C$817,380.54. Insiders have sold 32,402 shares of company stock valued at $1,100,612 over the last three months. 0.26% of the stock is owned by company insiders.

About Jamieson Wellness

Jamieson Wellness Inc, together with its subsidiaries, develops, manufactures, distributes, markets, and sells of branded and customer branded health products for humans in Canada, the United States, China and internationally. It operates through two segments, Jamieson Brands and Strategic Partners. The Jamieson Brands segment manufactures, distributes, and markets branded natural health products including vitamins, minerals, and supplements.