WELL Health Technologies Corp. (TSE:WELL) Given Average Recommendation of “Moderate Buy” by Brokerages

WELL Health Technologies Corp. (TSE:WELL) has been given a consensus recommendation of “Moderate Buy” by the six brokerages that are covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is C$8.08.

A number of brokerages recently issued reports on WELL. TD Securities lowered their price target on WELL Health Technologies from C$8.50 to C$7.50 and set a “buy” rating for the company in a report on Wednesday, April 16th. CIBC decreased 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, April 16th. Scotiabank decreased their price target on 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, April 16th. Ventum Financial decreased their price target on shares of WELL Health Technologies from C$8.00 to C$7.60 and set a “buy” rating for the company in a report on Wednesday, April 16th. Finally, Royal Bank of Canada reduced their price objective 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.

WELL Health Technologies Price Performance

WELL stock opened at C$4.06 on Thursday. The company has a 50-day moving average price of C$4.04 and a 200 day moving average price of C$5.39. WELL Health Technologies has a 12 month low of C$3.68 and a 12 month high of C$7.36. The company has a current ratio of 1.14, a quick ratio of 1.02 and a debt-to-equity ratio of 46.79. The stock has a market cap of C$1.01 billion, a PE ratio of 13.76, a P/E/G ratio of -1.93 and a beta of 1.20.

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.