Royal Bank Of Canada Issues Pessimistic Forecast for Vitalhub (TSE:VHI) Stock Price

Vitalhub (TSE:VHI) had its target price cut by investment analysts at Royal Bank Of Canada from C$13.00 to C$12.00 in a research report issued on Monday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price suggests a potential upside of 35.75% from the company’s previous close.

Separately, Stifel Nicolaus set a C$15.00 price target on Vitalhub and gave the company a “buy” rating in a research note on Wednesday, October 15th. Two research analysts have rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of C$14.75.

Vitalhub Stock Up 0.2%

Vitalhub stock opened at C$8.84 on Monday. Vitalhub has a 12 month low of C$8.25 and a 12 month high of C$14.64. The stock has a market cap of C$555.42 million, a P/E ratio of 221.00, a P/E/G ratio of 1.18 and a beta of 0.98. The company’s fifty day simple moving average is C$9.06 and its 200-day simple moving average is C$10.75.

Vitalhub (TSE:VHI) last released its quarterly earnings data on Thursday, November 6th. The company reported C($0.01) earnings per share (EPS) for the quarter. Vitalhub had a net margin of 5.11% and a return on equity of 3.01%. The firm had revenue of C$32.04 million for the quarter. On average, equities research analysts expect that Vitalhub will post 0.2296467 earnings per share for the current fiscal year.

Insider Activity at Vitalhub

In related news, Director Francis Nelson Shen purchased 148,700 shares of the stock in a transaction on Tuesday, December 23rd. The shares were bought at an average price of C$9.05 per share, for a total transaction of C$1,345,735.00. Following the completion of the acquisition, the director directly owned 148,700 shares in the company, valued at approximately C$1,345,735. This trade represents a ∞ increase in their position. Also, Director Anthony Pius Shen purchased 5,470 shares of the company’s stock in a transaction dated Tuesday, December 23rd. The stock was purchased at an average cost of C$9.23 per share, for a total transaction of C$50,488.10. Following the transaction, the director owned 5,470 shares of the company’s stock, valued at approximately C$50,488.10. This trade represents a ∞ increase in their ownership of the stock. Company insiders own 18.57% of the company’s stock.

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.