WELL Health Technologies Corp. (TSE:WELL) Receives C$8.63 Average Price Target from Brokerages

Shares of WELL Health Technologies Corp. (TSE:WELL) have been given an average rating of “Moderate Buy” by the six research firms that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is C$8.08.

A number of equities analysts have weighed in on the company. CIBC decreased their target price on WELL Health Technologies from C$7.00 to C$5.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 16th. Scotiabank decreased their price objective on shares of WELL Health Technologies from C$8.00 to C$7.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 16th. Ventum Financial dropped their target price on shares of WELL Health Technologies from C$8.00 to C$7.60 and set a “buy” rating for the company in a research report on Wednesday, April 16th. Royal Bank of Canada lowered their price objective on shares of WELL Health Technologies from C$8.50 to C$7.50 and set an “outperform” rating on the stock in a research report on Monday, March 31st. Finally, TD Securities cut their target price on shares of WELL Health Technologies from C$8.50 to C$7.50 and set a “buy” rating for the company in a research report on Wednesday, April 16th.

WELL Health Technologies Trading Up 1.3 %

WELL Health Technologies stock opened at C$3.96 on Wednesday. The company has a debt-to-equity ratio of 46.79, a quick ratio of 1.02 and a current ratio of 1.14. WELL Health Technologies has a fifty-two week low of C$3.46 and a fifty-two week high of C$7.36. The stock has a market cap of C$989.69 million, a P/E ratio of 13.42, a PEG ratio of -1.93 and a beta of 1.20. The firm’s fifty day moving average price is C$5.07 and its 200-day moving average price is C$5.56.

About WELL Health Technologies

WELL Health Technologies Corp. operates as a practitioner-focused digital healthcare company in Canada, the United States, and internationally. It provides omni-channel patient services and solutions to specific markets, such as provider staffing, anesthesia, gastrointestinal health, women's health, primary care, and mental healthcare.