Haywood Securities Forecasts Strong Price Appreciation for WELL Health Technologies (TSE:WELL) Stock

WELL Health Technologies (TSE:WELL) had its price objective hoisted by stock analysts at Haywood Securities from C$8.00 to C$10.00 in a note issued to investors on Friday,BayStreet.CA reports. Haywood Securities’ price target would indicate a potential upside of 48.15% from the company’s current price.

A number of other research analysts also recently issued reports on the company. Ventum Financial dropped their price target on WELL Health Technologies from C$8.00 to C$7.00 and set a “buy” rating on the stock in a research note on Tuesday, October 29th. CIBC raised their price target on WELL Health Technologies from C$5.00 to C$5.25 in a report on Friday, November 8th.

WELL Health Technologies Stock Down 1.9 %

TSE WELL traded down C$0.13 during trading hours on Friday, hitting C$6.75. 1,455,532 shares of the company were exchanged, compared to its average volume of 882,600. The company has a 50 day moving average of C$5.09 and a two-hundred day moving average of C$4.66. The company has a quick ratio of 1.02, a current ratio of 1.25 and a debt-to-equity ratio of 41.57. WELL Health Technologies has a 52-week low of C$3.41 and a 52-week high of C$7.02. The firm has a market cap of C$1.68 billion, a price-to-earnings ratio of 11.88, a PEG 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.