WELL Health Technologies (TSE:WELL) Given New C$9.00 Price Target at Stifel Nicolaus

WELL Health Technologies (TSE:WELL) had its price target cut by investment analysts at Stifel Nicolaus from C$10.00 to C$9.00 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ price target points to a potential upside of 127.27% from the stock’s current price.

Several other research firms have also recently issued reports on WELL. Royal Bank of Canada cut 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 report on Monday, March 31st. Raymond James upped their price target on WELL Health Technologies from C$10.00 to C$11.00 in a research note on Tuesday, December 17th. TD Securities reduced their price objective 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. CIBC dropped their target price on shares of WELL Health Technologies from C$7.00 to C$5.00 and set a “neutral” rating for the company in a research report on Wednesday. Finally, Scotiabank cut their target price on shares of WELL Health Technologies from C$8.00 to C$7.00 and set an “outperform” rating for the company in a research note on Wednesday. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of C$8.08.

WELL Health Technologies Trading Up 1.3 %

Shares of WELL 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. The stock has a fifty day simple moving average of C$5.11 and a two-hundred day simple moving average of C$5.55. The firm has a market capitalization of C$989.69 million, a PE ratio of 13.42, a PEG ratio of -1.93 and a beta of 1.20. WELL Health Technologies has a 52-week low of C$3.46 and a 52-week 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.