National Bank Financial Trims Jamieson Wellness (JWEL) Target Price to C$27.00

Jamieson Wellness (TSE:JWEL) had its price objective dropped by research analysts at National Bank Financial from C$29.00 to C$27.00 in a note issued to investors on Wednesday. The firm presently has an “outperform” rating on the stock. National Bank Financial’s target price points to a potential upside of 37.40% from the stock’s current price.

A number of other research analysts have also issued reports on the stock. Royal Bank of Canada increased their target price on shares of Jamieson Wellness from C$27.00 to C$29.00 and gave the stock an “outperform” rating in a research report on Thursday, August 9th. BMO Capital Markets lowered shares of Jamieson Wellness from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from C$28.00 to C$24.00 in a research report on Wednesday. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of C$26.60.

Shares of TSE:JWEL traded down C$2.47 on Wednesday, reaching C$19.65. 590,663 shares of the company’s stock were exchanged, compared to its average volume of 45,758. Jamieson Wellness has a twelve month low of C$17.15 and a twelve month high of C$27.88.

In other Jamieson Wellness news, Director David Michael Williams bought 10,000 shares of the firm’s stock in a transaction on Monday, August 13th. The shares were purchased at an average price of C$26.00 per share, for a total transaction of C$260,000.00.

About Jamieson Wellness

Jamieson Wellness Inc develops, manufactures, distributes, sells, and markets natural health products worldwide. 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 LVHS brands, as well as sports nutrition products under the Progressive, Precision, and Iron Vegan brands.

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