WELL Health Technologies (TSE:WELL) Stock Price Expected to Rise, Royal Bank of Canada Analyst Says

WELL Health Technologies (TSE:WELL) had its price target hoisted by analysts at Royal Bank of Canada from C$7.00 to C$8.50 in a report issued on Tuesday,BayStreet.CA reports. Royal Bank of Canada’s target price would suggest a potential upside of 15.96% from the company’s current price.

Other analysts also recently issued research reports about the company. CIBC raised their price objective on WELL Health Technologies from C$5.25 to C$7.00 in a research note on Friday, December 13th. Ventum Financial cut their price objective on WELL Health Technologies from C$8.00 to C$7.00 and set a “buy” rating on the stock in a report on Tuesday, October 29th. TD Securities increased their target price on WELL Health Technologies from C$8.00 to C$8.50 in a research note on Tuesday, December 17th. Haywood Securities lifted their price target on shares of WELL Health Technologies from C$8.00 to C$10.00 in a research note on Friday, December 13th. Finally, Scotiabank raised their price objective on shares of WELL Health Technologies from C$6.00 to C$7.00 in a report on Monday, December 16th.

WELL Health Technologies Trading Up 5.5 %

TSE:WELL traded up C$0.38 during mid-day trading on Tuesday, hitting C$7.33. The company had a trading volume of 2,035,702 shares, compared to its average volume of 1,231,642. The company has a debt-to-equity ratio of 41.57, a quick ratio of 1.02 and a current ratio of 1.25. WELL Health Technologies has a fifty-two week low of C$3.41 and a fifty-two week high of C$7.35. The firm has a market cap of C$1.82 billion, a P/E ratio of 12.86, a P/E/G ratio of -1.93 and a beta of 1.20. The business’s fifty day moving average is C$5.94 and its two-hundred day moving average is C$5.03.

WELL Health Technologies Company Profile

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.