Jamieson Wellness (JWEL) Stock Price Up 2.5%

Shares of Jamieson Wellness Inc (TSE:JWEL) rose 2.5% during mid-day trading on Friday . The stock traded as high as C$21.21 and last traded at C$20.89. Approximately 27,315 shares traded hands during trading, a decline of 23% from the average daily volume of 35,610 shares. The stock had previously closed at C$20.38.

JWEL has been the topic of several recent research reports. National Bank Financial restated an “outperform” rating and set a C$22.25 target price on shares of Jamieson Wellness in a research report on Thursday, October 26th. Canaccord Genuity reiterated a “buy” rating and set a C$24.00 price target on shares of Jamieson Wellness in a report on Monday, October 30th. TD Securities upped their price target 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. Royal Bank of Canada upped their price target 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. Finally, CIBC upped their price target on shares of Jamieson Wellness from C$19.00 to C$20.60 in a report on Thursday, November 2nd. Seven analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and a consensus price target of C$23.05.

The stock has a market cap of $773.67 and a price-to-earnings ratio of -13.77.

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

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Jamieson Wellness Company Profile

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.

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