Andlauer Healthcare Group Inc. (TSE:AND) Receives C$48.29 Average PT from Brokerages

Andlauer Healthcare Group Inc. (TSE:AND) has been assigned a consensus rating of “Moderate Buy” from the seven analysts that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is C$48.29.

A number of analysts recently weighed in on AND shares. 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 stock a “sector perform” rating in a report on Friday, August 2nd. Eight Capital dropped their price target 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 note on Friday, August 2nd. TD Securities boosted their price objective 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. Finally, Scotiabank lowered their target price on Andlauer Healthcare Group to C$43.00 in a research report on Thursday, October 10th.

Andlauer Healthcare Group Price Performance

Shares of TSE AND opened at C$43.80 on Thursday. The company has a debt-to-equity ratio of 41.86, a current ratio of 1.35 and a quick ratio of 1.66. The firm has a market capitalization of C$819.06 million, a PE ratio of 28.82 and a beta of 0.66. Andlauer Healthcare Group has a 1-year low of C$36.43 and a 1-year high of C$44.12. The business’s fifty day moving average price is C$39.52 and its two-hundred day moving average price is C$39.55.

Andlauer Healthcare Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 27th were issued a dividend of $0.11 per share. This is a boost from Andlauer Healthcare Group’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.44 annualized dividend and a yield of 1.00%. Andlauer Healthcare Group’s payout ratio is presently 26.32%.

About Andlauer Healthcare Group

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.