Ventum Financial Forecasts Strong Price Appreciation for WELL Health Technologies (TSE:WELL) Stock

WELL Health Technologies (TSE:WELL) had its price target hoisted by equities research analysts at Ventum Financial from C$7.50 to C$8.00 in a research note issued to investors on Thursday,BayStreet.CA reports. Ventum Financial’s price objective suggests a potential upside of 26.78% from the stock’s previous close.

A number of other analysts have also issued reports on WELL. Scotiabank increased their price target on shares of WELL Health Technologies from C$6.00 to C$7.00 in a research report on Monday, December 16th. Raymond James lifted their target price on shares of WELL Health Technologies from C$10.00 to C$11.00 in a research note on Tuesday, December 17th. CIBC upped their price target on shares of WELL Health Technologies from C$5.25 to C$7.00 in a research note on Friday, December 13th. TD Securities lifted their price objective on WELL Health Technologies from C$8.00 to C$8.50 in a research report on Tuesday, December 17th. Finally, Royal Bank of Canada upped their target price on WELL Health Technologies from C$7.00 to C$8.50 in a research report on Tuesday, January 7th.

WELL Health Technologies Stock Down 3.7 %

Shares of WELL stock traded down C$0.24 on Thursday, reaching C$6.31. 423,655 shares of the company’s stock traded hands, compared to its average volume of 802,095. The business’s 50 day moving average price is C$6.57 and its two-hundred day moving average price is C$5.28. The company has a market capitalization of C$1.57 billion, a P/E ratio of 11.07, a price-to-earnings-growth ratio of -1.93 and a beta of 1.20. The company has a debt-to-equity ratio of 41.57, a quick ratio of 1.02 and a current ratio of 1.25. WELL Health Technologies has a 12-month low of C$3.41 and a 12-month high of C$7.36.

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.