Vitalhub (TSE:VHI) Price Target Lowered to C$11.00 at Raymond James Financial

Vitalhub (TSE:VHI) had its price objective cut by equities research analysts at Raymond James Financial from C$15.00 to C$11.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Raymond James Financial’s price objective suggests a potential upside of 56.92% from the stock’s previous close.

VHI has been the subject of several other reports. Royal Bank Of Canada reduced their price objective on Vitalhub from C$13.00 to C$12.00 and set an “outperform” rating for the company in a research note on Monday, January 26th. Scotiabank dropped their price objective on shares of Vitalhub from C$15.00 to C$12.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 4th. Finally, ATB Cormark Capital Markets decreased their target price on shares of Vitalhub from C$16.50 to C$15.00 and set an “outperform” rating for the company in a research note on Tuesday, March 10th. One research analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of C$13.86.

Vitalhub Price Performance

TSE VHI traded up C$0.01 on Tuesday, hitting C$7.01. 670,837 shares of the company were exchanged, compared to its average volume of 363,683. The company’s 50 day moving average price is C$8.21 and its 200-day moving average price is C$9.42. The firm has a market capitalization of C$442.48 million, a P/E ratio of 175.25, a price-to-earnings-growth ratio of 1.18 and a beta of 0.65. Vitalhub has a twelve month low of C$6.67 and a twelve month high of C$14.64.

Vitalhub (TSE:VHI) last announced its earnings results on Wednesday, March 18th. The company reported C$0.06 EPS for the quarter. The company had revenue of C$31.39 million during the quarter. Vitalhub had a net margin of 5.61% and a return on equity of 2.75%. As a group, equities analysts expect that Vitalhub will post 0.2296467 EPS for the current year.

Vitalhub Company Profile

Vitalhub Corp is Canada-based firm that develops technology solutions for health and human services providers in the mental health (child through adult), long term care, community health service, home health, social service, and acute care sectors. Its technologies include blockchain, mobile, patient flow, web-based assessment, and electronic health record solutions.