In a report released on January 5, David Larsen from BTIG maintained a Hold rating on American Well (AMWL – Research Report). The company’s shares closed last Friday at $1.19.
According to TipRanks, Larsen is an analyst with an average return of -9.6% and a 31.01% success rate. Larsen covers the Healthcare sector, focusing on stocks such as Apollo Medical Holdings, Health Catalyst, and LifeMD.
American Well has an analyst consensus of Hold, with a price target consensus of $1.89.
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AMWL market cap is currently $342.2M and has a P/E ratio of -0.49.
Based on the recent corporate insider activity of 79 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.
