Jamieson Wellness (TSE:JWEL) PT Raised to C$40.00

Jamieson Wellness (TSE:JWEL) had its price objective increased by TD Securities from C$36.00 to C$40.00 in a research report sent to investors on Friday morning, BayStreet.CA reports.

Several other equities research analysts also recently weighed in on JWEL. CIBC decreased their price target on Jamieson Wellness from C$28.00 to C$27.00 in a report on Friday, May 10th. Royal Bank of Canada raised their price objective on Jamieson Wellness from C$31.00 to C$32.00 in a research report on Friday, May 10th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, Jamieson Wellness presently has an average rating of Moderate Buy and an average target price of C$36.36.

Jamieson Wellness Stock Performance

TSE:JWEL opened at C$31.03 on Friday. The firm has a market capitalization of C$1.29 billion, a PE ratio of 37.84 and a beta of 0.58. The company has a debt-to-equity ratio of 95.32, a current ratio of 3.23 and a quick ratio of 1.08. Jamieson Wellness has a 12 month low of C$22.10 and a 12 month high of C$33.14. The business’s fifty day moving average price is C$29.89 and its 200 day moving average price is C$28.51.

Jamieson Wellness Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, June 14th were given a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 2.45%. The ex-dividend date of this dividend was Friday, May 31st. Jamieson Wellness’s dividend payout ratio (DPR) is presently 92.68%.

Insider Activity at Jamieson Wellness

In other Jamieson Wellness news, Director Tania M. Clarke acquired 4,000 shares of the stock in a transaction dated Friday, May 24th. The shares were bought at an average cost of C$26.47 per share, for a total transaction of C$105,888.00. 0.23% of the stock is currently owned by corporate insiders.

Jamieson Wellness Company Profile

Jamieson Wellness Inc, together with its subsidiaries, develops, manufactures, distributes, markets, and sells of branded and customer branded health products for humans in Canada, the United States, China and internationally. It operates through two segments, Jamieson Brands and Strategic Partners. The Jamieson Brands segment manufactures, distributes, and markets branded natural health products including vitamins, minerals, and supplements.