WELL Health Technologies (TSE:WELL) Price Target Cut to C$7.60 by Analysts at Ventum Financial

WELL Health Technologies (TSE:WELL) had its price objective cut by Ventum Financial from C$8.00 to C$7.60 in a report released on Wednesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Ventum Financial’s target price suggests a potential upside of 91.92% from the company’s current price.

WELL has been the topic of a number of other reports. TD Securities reduced their price target on shares of WELL Health Technologies from C$8.50 to C$7.50 and set a “buy” rating on the stock in a research report on Wednesday. Raymond James lifted their target price on WELL Health Technologies from C$10.00 to C$11.00 in a report on Tuesday, December 17th. Finally, Royal Bank of Canada decreased their target price on WELL Health Technologies from C$8.50 to C$7.50 and set an “outperform” rating for the company in a research note on Monday, March 31st. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$8.08.

WELL Health Technologies Stock Performance

Shares of TSE:WELL opened at C$3.96 on Wednesday. The company has a market capitalization of C$989.69 million, a price-to-earnings ratio of 13.42, a P/E/G ratio of -1.93 and a beta of 1.20. The firm’s 50 day simple moving average is C$5.11 and its 200 day simple moving average is C$5.55. The company has a debt-to-equity ratio of 46.79, a current ratio of 1.14 and a quick ratio of 1.02. WELL Health Technologies has a fifty-two week low of C$3.46 and a fifty-two week high of C$7.36.

WELL Health Technologies Company Profile

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.