Jamieson Wellness (TSE:JWEL) Given New C$42.00 Price Target at National Bankshares

Jamieson Wellness (TSE:JWEL) had its target price boosted by National Bankshares from C$36.50 to C$42.00 in a research note published on Monday,BayStreet.CA reports.

Several other equities analysts also recently issued reports on JWEL. Canaccord Genuity Group upped their price objective on shares of Jamieson Wellness from C$32.50 to C$36.25 in a research note on Friday, August 9th. Royal Bank of Canada increased their price target on Jamieson Wellness from C$37.00 to C$38.00 in a research note on Friday, November 8th. TD Securities raised their price objective on Jamieson Wellness from C$40.00 to C$42.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Finally, BMO Capital Markets upped their target price on Jamieson Wellness from C$35.00 to C$42.00 in a research note on Friday, August 9th.

Jamieson Wellness Price Performance

TSE:JWEL opened at C$36.64 on Monday. Jamieson Wellness has a 12-month low of C$23.98 and a 12-month high of C$37.24. The firm has a market cap of C$1.52 billion, a price-to-earnings ratio of 42.91 and a beta of 0.63. The company’s 50-day moving average is C$34.86 and its two-hundred day moving average is C$31.47. The company has a current ratio of 3.21, a quick ratio of 1.08 and a debt-to-equity ratio of 92.76.

Jamieson Wellness Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, December 13th will be paid a dividend of $0.21 per share. The ex-dividend date is Friday, November 29th. This is a boost from Jamieson Wellness’s previous quarterly dividend of $0.19. This represents a $0.84 annualized dividend and a dividend yield of 2.29%. Jamieson Wellness’s payout ratio is currently 97.67%.

Insider Transactions at Jamieson Wellness

In related news, Senior Officer Regan Stewart sold 6,300 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of C$35.69, for a total value of C$224,847.00. Also, Director Michael Al Pilato sold 24,465 shares of the stock in a transaction on Friday, September 13th. The stock was sold at an average price of C$33.41, for a total transaction of C$817,380.54. Insiders sold a total of 32,402 shares of company stock worth $1,100,612 in the last ninety days. Insiders own 0.26% of the company’s stock.

About Jamieson Wellness

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.