WELL Health Technologies (TSE:WELL) Price Target Raised to C$7.75 at Canaccord Genuity Group

WELL Health Technologies (TSE:WELL) had its price target upped by Canaccord Genuity Group from C$6.50 to C$7.75 in a research note published on Thursday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

Several other research firms have also commented on WELL. Canadian Imperial Bank of Commerce increased their target price on shares of WELL Health Technologies from C$5.50 to C$6.00 and gave the company an “outperformer” rating in a research note on Wednesday, June 3rd. Stifel Nicolaus raised their target price on shares of WELL Health Technologies from C$8.00 to C$8.25 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of C$7.12.

WELL Health Technologies Trading Up 2.8%

Shares of WELL Health Technologies stock opened at C$4.44 on Thursday. The company has a quick ratio of 1.02, a current ratio of 0.83 and a debt-to-equity ratio of 91.15. The firm has a market cap of C$1.13 billion, a price-to-earnings ratio of 40.36, a price-to-earnings-growth ratio of -1.93 and a beta of 0.90. The business has a fifty day simple moving average of C$4.31 and a 200-day simple moving average of C$4.14. WELL Health Technologies has a fifty-two week low of C$3.58 and a fifty-two week high of C$6.08.

WELL Health Technologies (TSE:WELL) last issued its quarterly earnings results on Thursday, May 7th. The company reported C$0.06 earnings per share for the quarter. WELL Health Technologies had a net margin of 1.82% and a return on equity of 3.15%. The company had revenue of C$368.26 million during the quarter. On average, equities analysts forecast that WELL Health Technologies will post 0.3000698 EPS for the current fiscal year.

WELL Health Technologies Company Profile

WELL Health Technologies Corp. (TSX: WELL) is Canada’s largest outpatient healthcare company and a leading provider of technology-enabled healthcare solutions. WELL is building the infrastructure for a healthier Canada, where every patient gets better care, every provider is empowered by AI, and every piece of health data is protected. WELL owns and operates more than 250 clinics in Canada, supporting more than 5 million annual patient visits. Through its subsidiary WELLSTAR, WELL provides electronic medical records, AI-powered clinical tools, patient engagement platforms and IT management services.