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

Vitalhub (TSE:VHI) had its target price decreased by ATB Cormark Capital Markets from C$16.50 to C$15.00 in a research report sent to investors on Tuesday,BayStreet.CA reports. ATB Cormark Capital Markets currently has an outperform rating on the stock.

Several other equities analysts have also recently issued reports on VHI. Scotiabank dropped their price target on shares of Vitalhub from C$15.00 to C$12.00 and set an “outperform” rating for the company in a research note on Wednesday, February 4th. Royal Bank Of Canada lowered their target price on shares of Vitalhub from C$13.00 to C$12.00 and set an “outperform” rating for the company in a report on Monday, January 26th. One research analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, Vitalhub presently has a consensus rating of “Buy” and a consensus price target of C$14.43.

Vitalhub Price Performance

Shares of TSE:VHI opened at C$8.31 on Tuesday. The stock has a market capitalization of C$524.54 million, a price-to-earnings ratio of 207.75, a price-to-earnings-growth ratio of 1.18 and a beta of 0.65. The business’s fifty day moving average price is C$8.50 and its two-hundred day moving average price is C$9.73. Vitalhub has a fifty-two week low of C$7.63 and a fifty-two week high of C$14.64.

Insider Transactions at Vitalhub

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

About Vitalhub

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.