Jamieson Wellness (TSE:JWEL) had its price target raised by National Bank Financial from C$22.25 to C$24.75 in a research note issued to investors on Friday. The firm currently has an outperform rating on the stock.
JWEL has been the subject of several other reports. Canaccord Genuity restated a buy rating and issued a C$24.00 target price on shares of Jamieson Wellness in a report on Monday, October 30th. TD Securities upped their target price on Jamieson Wellness from C$22.00 to C$24.00 and gave the company a buy rating in a report on Monday, November 13th. CIBC upped their target price on Jamieson Wellness from C$19.00 to C$20.60 in a report on Thursday, November 2nd. Royal Bank of Canada upped their target price on 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, BMO Capital Markets restated an outperform rating and issued a C$22.00 target price on shares of Jamieson Wellness in a report on Friday, November 10th. Seven investment analysts have rated the stock with a buy rating, The company currently has an average rating of Buy and a consensus target price of C$23.05.
Shares of Jamieson Wellness (TSE JWEL) opened at C$21.92 on Friday. The stock has a market capitalization of $849.15 and a price-to-earnings ratio of -17.82. Jamieson Wellness has a twelve month low of C$16.44 and a twelve month high of C$22.76.
The firm also recently declared a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, December 15th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date was Thursday, November 30th. Jamieson Wellness’s dividend payout ratio is presently -6.50%.
In other Jamieson Wellness news, Director David Michael Williams purchased 1,500 shares of the stock in a transaction dated Friday, November 24th. The stock was acquired at an average cost of C$21.55 per share, for a total transaction of C$32,325.00.
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About Jamieson Wellness
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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