Vitalhub (TSE:VHI) Stock Price Expected to Rise, TD Securities Analyst Says

Vitalhub (TSE:VHI) had its price objective upped by equities research analysts at TD Securities from C$15.00 to C$16.00 in a research report issued on Monday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ price objective indicates a potential upside of 18.43% from the stock’s previous close.

Other analysts have also recently issued research reports about the stock. Raymond James Financial upped their price objective on shares of Vitalhub from C$13.50 to C$14.00 and gave the company an “outperform” rating in a research note on Friday, June 20th. National Bank Financial raised Vitalhub to a “strong-buy” rating in a report on Monday, June 9th. National Bankshares set a C$14.00 price objective on Vitalhub and gave the stock an “outperform” rating in a research report on Tuesday, June 10th. Finally, Scotiabank boosted their price objective on Vitalhub from C$14.00 to C$14.50 and gave the stock an “outperform” rating in a research note on Friday, June 20th. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of C$13.75.

Vitalhub Stock Up 4.7%

Vitalhub stock opened at C$13.51 on Monday. The company has a fifty day simple moving average of C$11.97 and a 200-day simple moving average of C$10.89. The firm has a market capitalization of C$730.79 million, a price-to-earnings ratio of 219.74, a PEG ratio of 1.18 and a beta of 1.26. Vitalhub has a 52-week low of C$7.62 and a 52-week high of C$14.64.

Insider Activity

In related news, Director Francis Nelson Shen bought 25,000 shares of the stock in a transaction on Friday, May 16th. The stock was bought at an average price of C$10.23 per share, with a total value of C$255,750.00. 18.57% of the stock is owned by corporate insiders.

About Vitalhub

Vitalhub Corp., together with its subsidiaries, provides technology solutions for health and human service providers in Canada, the United States, the United Kingdom, Australia, Western Asia, and internationally. Its solutions include electronic healthcare record, case management, care coordination and optimization, and patient flow, engagement, and operational visibility solutions.