Vitalhub (TSE:VHI) Price Target Raised to C$14.00 at Raymond James Financial

Vitalhub (TSE:VHI) had its price target hoisted by Raymond James Financial from C$13.50 to C$14.00 in a research note issued to investors on Friday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

A number of other research analysts have also issued reports on VHI. National Bankshares set a C$14.00 target price on Vitalhub and gave the company an “outperform” rating in a report on Tuesday, June 10th. National Bank Financial raised Vitalhub to a “strong-buy” rating in a research report on Monday, June 9th. TD Securities lifted their price objective on Vitalhub from C$13.00 to C$14.00 and gave the company a “buy” rating in a research note on Monday, March 31st. Finally, Scotiabank boosted their price objective on Vitalhub from C$14.00 to C$14.50 and gave the stock an “outperform” rating in a research report on Friday. Six investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of C$13.25.

Vitalhub Stock Up 0.9%

TSE:VHI opened at C$11.15 on Friday. Vitalhub has a 52 week low of C$6.74 and a 52 week high of C$12.34. The company has a fifty day simple moving average of C$10.60 and a two-hundred day simple moving average of C$10.63. The company has a market cap of C$603.13 million, a price-to-earnings ratio of 181.35, a price-to-earnings-growth ratio of 1.18 and a beta of 1.26.

Insider Activity at Vitalhub

In other Vitalhub news, Director Francis Nelson Shen bought 25,000 shares of the firm’s stock in a transaction that occurred on Friday, May 16th. The stock was purchased at an average price of C$10.23 per share, for a total transaction of C$255,750.00. 18.57% of the stock is currently owned by corporate insiders.

About Vitalhub

Vitalhub Corp., together with its subsidiaries, provides technology solutions for health and human service providers in Canada, the United States, the United Kingdom, Australia, Western Asia, and internationally. Its solutions include electronic healthcare record, case management, care coordination and optimization, and patient flow, engagement, and operational visibility solutions.