National Bank Financial Raises Jamieson Wellness (JWEL) Price Target to C$24.75

Jamieson Wellness (TSE:JWEL) had its price objective boosted by National Bank Financial from C$22.25 to C$24.75 in a report issued on Friday. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s target price would indicate a potential upside of 10.00% from the stock’s current price.

Several other equities analysts have also weighed in on the stock. Royal Bank of Canada lifted their target price on shares of Jamieson Wellness from C$22.00 to C$23.00 and gave the company an “outperform” rating in a report on Friday, November 10th. BMO Capital Markets reaffirmed an “outperform” rating and set a C$22.00 target price on shares of Jamieson Wellness in a report on Friday, November 10th. CIBC lifted their target price on shares of Jamieson Wellness from C$19.00 to C$20.60 in a report on Thursday, November 2nd. Canaccord Genuity reaffirmed a “buy” rating and set a C$24.00 target price on shares of Jamieson Wellness in a report on Monday, October 30th. Finally, TD Securities lifted their target price on shares of Jamieson Wellness from C$22.00 to C$24.00 and gave the company a “buy” rating in a report on Monday, November 13th. Seven investment analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and a consensus target price of C$23.05.

Jamieson Wellness (JWEL) traded up C$0.20 during trading hours on Friday, hitting C$22.50. 81,374 shares of the stock traded hands, compared to its average volume of 60,404. The stock has a market cap of $843.11 and a price-to-earnings ratio of -18.29. Jamieson Wellness has a 52-week low of C$16.44 and a 52-week high of C$22.76.

In related news, Director David Michael Williams purchased 1,500 shares of the business’s stock in a transaction that occurred on Friday, November 24th. The stock was bought at an average price of C$21.55 per share, with a total value of C$32,325.00.

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About Jamieson Wellness

Jamieson Wellness Inc is a Canada-based company, which operates as the health and wellness company. The Company develops, manufactures and markets brand of vitamins and natural health products. The Company offers vitamins, minerals and supplements (VMS) products and certain over-the-counter remedies through Jamieson and LVHS brands as well as sports nutrition products through Progressive, Precision and Iron Vegan brands.

Analyst Recommendations for Jamieson Wellness (TSE:JWEL)

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