Jamieson Wellness (JWEL) Price Target Cut to C$25.00 by Analysts at Royal Bank of Canada

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Jamieson Wellness (TSE:JWEL) had its target price lowered by Royal Bank of Canada from C$26.00 to C$25.00 in a research note released on Wednesday morning, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Several other research firms have also weighed in on JWEL. BMO Capital Markets reaffirmed an outperform rating and set a C$24.00 price objective on shares of Jamieson Wellness in a report on Thursday, February 28th. National Bank Financial dropped their price objective on shares of Jamieson Wellness from C$27.00 to C$25.00 and set an outperform rating for the company in a report on Thursday, February 28th. Finally, Canaccord Genuity lowered shares of Jamieson Wellness from a buy rating to a hold rating and dropped their price objective for the stock from C$26.00 to C$23.00 in a report on Thursday, February 7th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of Buy and an average target price of C$24.80.

TSE:JWEL opened at C$17.80 on Wednesday. The stock has a market capitalization of $673.21 million and a P/E ratio of 26.57. The company has a debt-to-equity ratio of 68.92, a current ratio of 1.68 and a quick ratio of 0.92. Jamieson Wellness has a 12-month low of C$17.15 and a 12-month high of C$27.88.

About Jamieson Wellness

Jamieson Wellness Inc develops, manufactures, distributes, sells, and markets natural health products in Canada and internationally. The company operates in two segments, Jamieson Brands and Strategic Partners. The company offers health products for humans, including vitamins, herbals, and mineral nutritional supplements; and over-the-counter remedies under the Jamieson and Lorna Vanderhaeghe Health Solutions Inc brands, as well as sports nutrition products under the Progressive, Precision, and Iron Vegan brands.

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Analyst Recommendations for Jamieson Wellness (TSE:JWEL)

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