Michael Al Pilato Buys 1,050 Shares of Jamieson Wellness Inc (JWEL) Stock

Jamieson Wellness Inc (TSE:JWEL) insider Michael Al Pilato purchased 1,050 shares of Jamieson Wellness stock in a transaction dated Tuesday, December 4th. The shares were purchased at an average price of C$22.19 per share, with a total value of C$23,299.50.

Shares of JWEL stock opened at C$21.28 on Friday. The company has a quick ratio of 0.81, a current ratio of 1.72 and a debt-to-equity ratio of 74.86. Jamieson Wellness Inc has a twelve month low of C$17.15 and a twelve month high of C$27.88.

Several brokerages have recently issued reports on JWEL. Royal Bank of Canada reduced their price target on Jamieson Wellness from C$29.00 to C$28.00 and set an “outperform” rating for the company in a report on Wednesday, November 7th. Canaccord Genuity reduced their price target on Jamieson Wellness from C$28.00 to C$26.00 in a report on Wednesday, November 7th. TD Securities reduced their price target on Jamieson Wellness from C$31.00 to C$27.00 and set a “buy” rating for the company in a report on Friday, November 23rd. BMO Capital Markets downgraded Jamieson Wellness from an “outperform” rating to a “market perform” rating and cut their price objective for the company from C$28.00 to C$24.00 in a research note on Wednesday, November 7th. Finally, National Bank Financial cut their price objective on Jamieson Wellness from C$29.00 to C$27.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 7th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of C$26.03.

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Jamieson Wellness Company Profile

Jamieson Wellness Inc develops, manufactures, distributes, sells, and markets natural health products worldwide. The company operates in two segments, Jamieson Brands and Strategic Partners. The company offers health products for humans, including vitamins, herbals, and mineral nutritional supplements; and over-the-counter remedies under the Jamieson and LVHS brands, as well as sports nutrition products under the Progressive, Precision, and Iron Vegan brands.

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