ATB Cormark Capital Markets Cuts Vitalhub (TSE:VHI) Price Target to C$15.00

Vitalhub (TSE:VHI) had its price target cut by ATB Cormark Capital Markets from C$16.50 to C$15.00 in a research note published on Tuesday,BayStreet.CA reports. They currently have an outperform rating on the stock.

VHI has been the subject of a number of other reports. Scotiabank cut their price objective on Vitalhub from C$15.00 to C$12.00 and set an “outperform” rating for the company in a research report on Wednesday, February 4th. Royal Bank Of Canada decreased their target price on Vitalhub from C$13.00 to C$12.00 and set an “outperform” rating on the stock in a report on Monday, January 26th. One analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of C$14.43.

Vitalhub Stock Performance

Shares of TSE:VHI opened at C$8.10 on Tuesday. Vitalhub has a 52-week low of C$7.63 and a 52-week high of C$14.64. The company has a market capitalization of C$511.28 million, a P/E ratio of 202.50, a price-to-earnings-growth ratio of 1.18 and a beta of 0.65. The company has a 50-day simple moving average of C$8.45 and a 200 day simple moving average of C$9.71.

Insider Activity

In other news, Director Francis Nelson Shen acquired 148,700 shares of Vitalhub stock in a transaction dated Tuesday, December 23rd. The stock was bought at an average price of C$9.05 per share, for a total transaction of C$1,345,735.00. Following the completion of the acquisition, the director directly owned 148,700 shares in the company, valued at approximately C$1,345,735. The trade was a ∞ increase in their position. Also, Director Anthony Pius Shen bought 5,470 shares of the firm’s stock in a transaction dated Tuesday, December 23rd. The stock was purchased at an average cost of C$9.23 per share, for a total transaction of C$50,488.10. Following the transaction, the director directly owned 5,470 shares of the company’s stock, valued at C$50,488.10. The trade was a ∞ increase in their position. 18.57% of the stock is owned by corporate insiders.

Vitalhub Company Profile

Vitalhub Corp is Canada-based firm that develops technology solutions for health and human services providers in the mental health (child through adult), long term care, community health service, home health, social service, and acute care sectors. Its technologies include blockchain, mobile, patient flow, web-based assessment, and electronic health record solutions.