Jamieson Wellness (JWEL) Price Target Raised to C$31.00

Jamieson Wellness (TSE:JWEL) had its price objective raised by equities research analysts at TD Securities from C$27.00 to C$31.00 in a report released on Thursday. The brokerage currently has a “buy” rating on the stock. TD Securities’ price target suggests a potential upside of 13.14% from the company’s previous close.

A number of other brokerages have also commented on JWEL. Royal Bank of Canada upped their target price on Jamieson Wellness to C$24.00 and gave the company an “outperform” rating in a research report on Monday, May 7th. Scotiabank reiterated an “outperform” rating and issued a C$26.00 target price on shares of Jamieson Wellness in a research report on Wednesday, April 25th. BMO Capital Markets upped their target price on Jamieson Wellness from C$26.00 to C$28.00 in a research report on Thursday, May 10th. Canaccord Genuity upped their target price on Jamieson Wellness from C$25.00 to C$26.00 in a research report on Thursday, May 10th. Finally, National Bank Financial upped their target price on Jamieson Wellness from C$24.75 to C$25.25 and gave the company an “outperform” rating in a research report on Friday, May 11th. Seven analysts have rated the stock with a buy rating, Jamieson Wellness presently has a consensus rating of “Buy” and an average target price of C$26.35.

Jamieson Wellness traded up C$0.11, reaching C$27.40, during trading hours on Thursday, according to Marketbeat Ratings. The stock had a trading volume of 53,465 shares, compared to its average volume of 38,891. Jamieson Wellness has a 52-week low of C$16.44 and a 52-week high of C$27.88.

In related news, Director Heather Blain Allen acquired 2,000 shares of the stock in a transaction on Wednesday, June 13th. The shares were acquired at an average price of C$27.06 per share, for a total transaction of C$54,120.00.

Jamieson Wellness Company Profile

Jamieson Wellness Inc develops, manufactures, distributes, sells, and markets natural health products worldwide. The company operates in two segments, Jamieson Brands and Strategic Partners. The company offers health products for humans, including vitamins, herbals, and mineral nutritional supplements; and over-the-counter remedies under the Jamieson and LVHS brands, as well as sports nutrition products under the Progressive, Precision, and Iron Vegan brands.

Analyst Recommendations for Jamieson Wellness (TSE:JWEL)

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