Jamieson Wellness (JWEL) Sets New 12-Month High at $22.90

Jamieson Wellness Inc (TSE:JWEL)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as C$22.90 and last traded at C$22.65, with a volume of 38547 shares changing hands. The stock had previously closed at C$21.99.

Several equities analysts have commented on JWEL shares. National Bank Financial reaffirmed an “outperform” rating and issued a C$22.25 price objective on shares of Jamieson Wellness in a research report on Thursday, October 26th. Canaccord Genuity reaffirmed a “buy” rating and issued a C$24.00 price objective on shares of Jamieson Wellness in a research report on Monday, October 30th. TD Securities upped their price objective on Jamieson Wellness from C$22.00 to C$24.00 and gave the company a “buy” rating in a research report on Monday, November 13th. Royal Bank of Canada upped their target price on Jamieson Wellness from C$22.00 to C$23.00 and gave the stock an “outperform” rating in a report on Friday, November 10th. Finally, CIBC upped their target price on Jamieson Wellness from C$19.00 to C$20.60 in a report on Thursday, November 2nd. Seven equities research analysts have rated the stock with a buy rating, Jamieson Wellness has a consensus rating of “Buy” and a consensus target price of C$23.05.

The company has a market cap of $828.05 and a price-to-earnings ratio of -14.73.

In other news, Director David Michael Williams bought 1,500 shares of the stock in a transaction on Friday, November 24th. The stock was acquired at an average cost of C$21.55 per share, for a total transaction of C$32,325.00.

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About Jamieson Wellness

Jamieson Wellness Inc is a Canada-based company, which operates as the health and wellness company. The Company develops, manufactures and markets brand of vitamins and natural health products. The Company offers vitamins, minerals and supplements (VMS) products and certain over-the-counter remedies through Jamieson and LVHS brands as well as sports nutrition products through Progressive, Precision and Iron Vegan brands.

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