BTIG analyst David Larsen maintained a Hold rating on American Well (AMWL – Research Report) yesterday. The company’s shares closed last Friday at $1.49.
Larsen covers the Healthcare sector, focusing on stocks such as LifeMD, Apollo Medical Holdings, and Health Catalyst. According to TipRanks, Larsen has an average return of -6.6% and a 34.68% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for American Well with a $1.89 average price target.
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AMWL market cap is currently $428.5M and has a P/E ratio of -0.61.
Based on the recent corporate insider activity of 75 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AMWL in relation to earlier this year.
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American Well (AMWL) Company Description:
American Well Corp is a telehealth company enabling digital delivery of care for its customers. Its platform, Amwell, enables care delivery across the full healthcare continuum – from primary and urgent care in the home to high acuity specialty consults, such as telestroke and telepsychiatry, in the hospital. It provides both on-demand and scheduled consultations.
