Echelon Wealth Partners initiated coverage on shares of WELL Health Technologies (TSE:WELL) in a research report released on Thursday morning, TipRanks reports. The brokerage issued a buy rating and a C$13.00 price objective on the stock.
Several other equities analysts have also weighed in on the stock. Scotiabank set a C$10.00 price objective on shares of WELL Health Technologies and gave the company a sector perform rating in a research report on Monday, July 19th. Canaccord Genuity raised their price objective on shares of WELL Health Technologies from C$11.00 to C$12.00 and gave the company a buy rating in a research report on Tuesday, June 8th. CIBC raised their price objective on shares of WELL Health Technologies from C$11.00 to C$11.50 and gave the company an outperform rating in a research report on Friday, September 3rd. Finally, TD Securities reduced their price objective on shares of WELL Health Technologies from C$11.00 to C$10.50 and set a buy rating for the company in a research report on Friday, July 16th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, WELL Health Technologies presently has an average rating of Buy and a consensus target price of C$11.72.
WELL Health Technologies stock opened at C$7.33 on Thursday. The stock has a market cap of C$1.50 billion and a price-to-earnings ratio of -55.53. The company has a current ratio of 2.63, a quick ratio of 2.49 and a debt-to-equity ratio of 36.02. The company’s 50-day moving average price is C$7.56 and its two-hundred day moving average price is C$7.59. WELL Health Technologies has a 52 week low of C$6.40 and a 52 week high of C$9.84.
WELL Health Technologies Corp. owns and operates a portfolio of primary healthcare facilities in Canada and the United States. The company also provides digital electronic medical records (EMR) software services; and telehealth services. As of March 29, 2021, it operated 27 medical clinics; and provided digital EMR software and services to approximately 2,200 medical clinics across Canada.
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