Ventum Financial Issues Positive Forecast for WELL Health Technologies (TSE:WELL) Stock Price

WELL Health Technologies (TSE:WELL) had its target price lifted by equities researchers at Ventum Financial from C$7.50 to C$8.00 in a research note issued on Thursday,BayStreet.CA reports. Ventum Financial’s price target suggests a potential upside of 26.78% from the stock’s current price.

Several other equities research analysts have also weighed in on the company. Raymond James increased their target price on WELL Health Technologies from C$10.00 to C$11.00 in a research report on Tuesday, December 17th. TD Securities increased their price objective on shares of WELL Health Technologies from C$8.00 to C$8.50 in a report on Tuesday, December 17th. Scotiabank boosted their target price on shares of WELL Health Technologies from C$6.00 to C$7.00 in a research note on Monday, December 16th. Royal Bank of Canada raised their price target on shares of WELL Health Technologies from C$7.00 to C$8.50 in a research note on Tuesday, January 7th. Finally, Haywood Securities boosted their price objective on WELL Health Technologies from C$8.00 to C$10.00 in a research report on Friday, December 13th.

WELL Health Technologies Stock Performance

Shares of WELL Health Technologies stock traded down C$0.24 on Thursday, reaching C$6.31. 423,655 shares of the company were exchanged, compared to its average volume of 802,095. The firm has a market cap of C$1.57 billion, a price-to-earnings ratio of 11.07, a P/E/G ratio of -1.93 and a beta of 1.20. WELL Health Technologies has a 1-year low of C$3.41 and a 1-year high of C$7.36. The company has a debt-to-equity ratio of 41.57, a quick ratio of 1.02 and a current ratio of 1.25. The company’s 50-day moving average is C$6.57 and its two-hundred day moving average is C$5.28.

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.