Jamieson Wellness (TSE:JWEL – Free Report) had its price objective lifted by BMO Capital Markets from C$35.00 to C$42.00 in a research note released on Friday morning, BayStreet.CA reports.
A number of other equities analysts also recently issued reports on JWEL. Royal Bank of Canada lifted their price target on Jamieson Wellness from C$32.00 to C$37.00 in a research note on Friday. Canaccord Genuity Group upped their price target on Jamieson Wellness from C$32.50 to C$36.25 in a report on Friday. CIBC dropped their price objective on Jamieson Wellness from C$28.00 to C$27.00 in a research note on Friday, May 10th. Finally, TD Securities upped their price objective on shares of Jamieson Wellness from C$36.00 to C$40.00 in a research report on Friday. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Jamieson Wellness has a consensus rating of Moderate Buy and an average target price of C$36.36.
Get Our Latest Stock Analysis on JWEL
Jamieson Wellness Stock Down 2.4 %
Jamieson Wellness Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, June 14th. Shareholders of record on Friday, June 14th were paid a $0.19 dividend. The ex-dividend date of this dividend was Friday, May 31st. This represents a $0.76 dividend on an annualized basis and a yield of 2.41%. Jamieson Wellness’s dividend payout ratio is currently 92.68%.
Insider Transactions at Jamieson Wellness
In related news, Director Tania M. Clarke purchased 4,000 shares of the firm’s stock in a transaction dated Friday, May 24th. The shares were purchased at an average price of C$26.47 per share, with a total value of C$105,888.00. 0.23% of the stock is owned by insiders.
Jamieson Wellness Company Profile
Jamieson Wellness Inc, together with its subsidiaries, develops, manufactures, distributes, markets, and sells of branded and customer branded health products for humans in Canada, the United States, China and internationally. It operates through two segments, Jamieson Brands and Strategic Partners. The Jamieson Brands segment manufactures, distributes, and markets branded natural health products including vitamins, minerals, and supplements.
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