According to MarketBeat Ratings, shares of Jamieson Wellness Inc. (TSE:JWEL – Get Free Report ) have received an average rating of Moderate Buy from the eight research firms currently covering the company. Two research analysts have rated the stock with a Hold recommendation, while six have given the company a Buy recommendation. The average 12-month target price among analysts that have updated their coverage of the company’s stock in the past year is C$34.69.
A number of research firms have recently issued reports on JWEL. Scotiabank lowered their price target on Jamieson Wellness from C$32.00 to C$29.00 in a research note on Thursday, March 14th. CIBC lowered their price target on Jamieson Wellness from C$28.00 to C$27.00 in a research note on Friday, May 10th. TD Securities lowered their price target on Jamieson Wellness from C$39.00 to C$32.00 in a research note on Friday, May 10th. Stifel Nicolaus lowered their price target on Jamieson Wellness from C$45.00 to C$42.00 in a research note on Thursday, March 14th. Finally, National Bancshares lowered their target price on Jamieson Wellness from C$38.50 to C$36.00 in a research note on Thursday, March 14th.
Check out the latest Jamieson Wellness report
Insider Activities
In other Jamieson Wellness news, Director, Tania M. Clark acquired 4,000 shares of the company’s stock in a transaction on Friday, May 24th. The shares were acquired at an average price of C$26.47 per share, for a total transaction value of C$105,888.00. Company insiders own 0.23% of the company’s stock.
Jamieson Wellness shares rose 0.3%
Jamieson Wellness shares opened trading at C$27.46 on Friday. The company has a market capitalization of C$1.14 billion, a price-to-earnings ratio of 33.49 and a beta of 0.58. The stock’s 50-day simple moving average is C$26.41 and its 200-day simple moving average is C$28.63. Jamieson Wellness’s 12-month low is C$22.10 and high is C$32.41. The company’s current ratio is 3.23, quick ratio is 1.08 and debt-to-equity ratio is 95.32.
Jamieson Wellness announces dividend
The company also recently declared a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, June 14th were paid a dividend of $0.19 per share. The ex-dividend date for this dividend was Friday, May 31. This equates to an annualized dividend of $0.76 and a yield of 2.77%. Jamieson Wellness’s Dividend Payout Ratio (DPR) is currently 92.68%.
Jamieson Wellness Company Profile
(Get your free report
Jamieson Wellness Inc, together with its subsidiaries, develops, manufactures, distributes, markets and sells branded and customer-branded human health products in Canada, the United States, China and internationally. The company 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.
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