Jamieson Wellness (TSE:JWEL) PT Set at C$43.00 by Canadian Imperial Bank of Commerce

Jamieson Wellness (TSE:JWEL) has been assigned a C$43.00 target price by equities research analysts at Canadian Imperial Bank of Commerce in a research note issued on Tuesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Canadian Imperial Bank of Commerce’s price objective indicates a potential upside of 24.82% from the stock’s current price.

A number of other research firms have also recently weighed in on JWEL. TD Securities upped their price target on Jamieson Wellness from C$46.00 to C$48.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. National Bank Financial upped their price target on shares of Jamieson Wellness from C$40.50 to C$45.00 and gave the stock an “outperform” rating in a research report on Monday, February 23rd. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$44.00.

Jamieson Wellness Stock Down 0.3%

JWEL stock opened at C$34.45 on Tuesday. Jamieson Wellness has a one year low of C$28.94 and a one year high of C$39.30. The company has a debt-to-equity ratio of 97.24, a quick ratio of 1.08 and a current ratio of 2.59. The firm’s fifty day moving average is C$35.94 and its 200 day moving average is C$35.16. The firm has a market cap of C$1.42 billion, a PE ratio of 23.60 and a beta of 1.51.

Jamieson Wellness (TSE:JWEL) last issued its quarterly earnings data on Thursday, February 26th. The company reported C$0.90 earnings per share for the quarter. Jamieson Wellness had a net margin of 7.60% and a return on equity of 12.97%. The business had revenue of C$277.66 million during the quarter. On average, research analysts forecast that Jamieson Wellness will post 2.1438892 EPS for the current year.

Jamieson Wellness Company Profile

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.