TD Securities Boosts Jamieson Wellness (TSE:JWEL) Price Target to C$40.00

Jamieson Wellness (TSE:JWEL) had its target price upped by TD Securities from C$36.00 to C$40.00 in a research note published on Friday morning, BayStreet.CA reports.

JWEL has been the subject of several other reports. Royal Bank of Canada upped their target price on shares of Jamieson Wellness from C$31.00 to C$32.00 in a research note on Friday, May 10th. CIBC lowered their price target on Jamieson Wellness from C$28.00 to C$27.00 in a research report on Friday, May 10th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of Moderate Buy and an average target price of C$36.36.

Jamieson Wellness Price Performance

Shares of JWEL opened at C$31.03 on Friday. The company has a debt-to-equity ratio of 95.32, a quick ratio of 1.08 and a current ratio of 3.23. The firm has a market cap of C$1.29 billion, a PE ratio of 37.84 and a beta of 0.58. Jamieson Wellness has a twelve month low of C$22.10 and a twelve month high of C$33.14. The firm’s 50 day moving average price is C$29.89 and its 200 day moving average price is C$28.51.

Jamieson Wellness Dividend Announcement

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

Insider Buying and Selling

In other news, Director Tania M. Clarke purchased 4,000 shares of Jamieson Wellness 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 insiders.

About Jamieson Wellness

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.