Andlauer Healthcare Group Inc. (TSE:AND) Receives Average Rating of “Moderate Buy” from Analysts

Andlauer Healthcare Group Inc. (TSE:AND) has been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are presently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is C$48.57.

Several equities research analysts have recently weighed in on the company. TD Securities upped their target price on Andlauer Healthcare Group from C$52.00 to C$53.00 and gave the stock a “buy” rating in a research report on Friday, August 2nd. Royal Bank of Canada increased their price objective on shares of Andlauer Healthcare Group from C$41.00 to C$42.00 and gave the company a “sector perform” rating in a research report on Friday, August 2nd. Eight Capital reduced their target price on shares of Andlauer Healthcare Group from C$58.00 to C$51.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. CIBC lowered their price target on shares of Andlauer Healthcare Group from C$52.00 to C$50.00 and set an “outperform” rating for the company in a report on Monday, May 6th. Finally, Scotiabank cut their price objective on shares of Andlauer Healthcare Group from C$46.00 to C$45.00 and set a “sector perform” rating on the stock in a report on Friday, August 2nd.

Andlauer Healthcare Group Stock Performance

Shares of AND stock opened at C$39.26 on Friday. The company’s fifty day simple moving average is C$39.48 and its 200-day simple moving average is C$40.29. The company has a current ratio of 1.35, a quick ratio of 1.66 and a debt-to-equity ratio of 41.86. Andlauer Healthcare Group has a 52 week low of C$36.43 and a 52 week high of C$44.76. The company has a market cap of C$734.16 million, a PE ratio of 25.83 and a beta of 0.67.

Andlauer Healthcare Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Friday, June 28th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, June 28th. This represents a $0.40 annualized dividend and a dividend yield of 1.02%. Andlauer Healthcare Group’s payout ratio is 25.00%.

Andlauer Healthcare Group Company Profile

Andlauer Healthcare Group Inc, a supply chain management company, provides a platform of customized third-party logistics (3PL) and specialized transportation solutions for the healthcare sector in Canada and the United States. The company operates in two segments, Specialized Transportation and Healthcare Logistics.