Jamieson Wellness (TSE:JWEL) PT Set at C$43.00 by Canadian Imperial Bank of Commerce

Jamieson Wellness (TSE:JWEL) received a C$43.00 target price from research analysts at Canadian Imperial Bank of Commerce in a research note issued to investors on Tuesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Canadian Imperial Bank of Commerce’s price target indicates a potential upside of 23.60% from the company’s current price.

Other research analysts have also recently issued reports about the company. TD Securities increased their price target on Jamieson Wellness from C$46.00 to C$48.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. National Bank Financial boosted their price objective on Jamieson Wellness from C$40.50 to C$45.00 and gave the stock an “outperform” rating in a research report on Monday, February 23rd. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of C$44.00.

Jamieson Wellness Price Performance

JWEL stock traded up C$0.80 during trading on Tuesday, reaching C$34.79. 28,206 shares of the company were exchanged, compared to its average volume of 86,705. The company has a 50-day moving average of C$35.95 and a two-hundred day moving average of C$35.18. The company has a market capitalization of C$1.44 billion, a price-to-earnings ratio of 23.83 and a beta of 1.51. Jamieson Wellness has a twelve month low of C$28.94 and a twelve month high of C$39.30. The company has a debt-to-equity ratio of 97.24, a current ratio of 2.59 and a quick ratio of 1.08.

Jamieson Wellness (TSE:JWEL) last issued its earnings results on Thursday, February 26th. The company reported C$0.90 earnings per share for the quarter. Jamieson Wellness had a net margin of 7.60% and a return on equity of 12.97%. The firm had revenue of C$277.66 million for the quarter. As a group, equities analysts predict that Jamieson Wellness will post 2.1438892 earnings per share for the current fiscal year.

Jamieson Wellness Company Profile

Jamieson Wellness Inc is engaged in the manufacturing, distributing, and marketing of branded natural health products, including vitamins, minerals, and supplements. The company operates in two segments: The Jamieson brands and The Strategic Partners. The majority of its revenue comes from the Jamieson brand segment. Some of its brands are Jamieson, Progressive, Precision, and Iron Vegan. Geographically, most of its revenue is derived from the domestic market.