In a new note to investors today, an analyst has provided a rating update for WELL Health Technologies Corp (WELL – Research Report). The Healthcare company, WELL Health Technologies Corp (TSX: WELL) has just received a rating update from a Wall Street analyst.
Kwan has an average return of 82.5% when recommending WELL Health Technologies Corp.
According to TipRanks.com, Kwan is ranked #625 out of 8514 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for WELL Health Technologies Corp with a C$9.01 average price target, representing an 87.3% upside. In a report issued on July 13, Haywood also maintained a Buy rating on the stock with a $8.00 price target.
Based on WELL Health Technologies Corp’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of C$169 million and GAAP net loss of C$14.36 million. In comparison, last year the company earned revenue of C$127 million and had a GAAP net loss of C$8.02 million.
WELL Health Technologies Corp is the owner and operator of a portfolio of Primary Hclinics delivering healthcare-related services It operates through below segments: Clinical services, Digital services, and others. It also engages in the Electronic Medical Records business that supports the digitization of clinics. Its objective is to empower doctors to provide the best and most advanced care possible leveraging the latest trends in digital health.
The company’s shares closed last Tuesday at C$4.79.
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