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

Shares of Andlauer Healthcare Group Inc. (TSE:AND) have been given a consensus recommendation of “Moderate Buy” by the seven research firms that are covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$48.29.

A number of brokerages have weighed in on AND. Scotiabank lowered their price objective on Andlauer Healthcare Group to C$43.00 in a research note on Thursday, October 10th. Royal Bank of Canada raised their price target on shares of Andlauer Healthcare Group from C$41.00 to C$42.00 and gave the stock a “sector perform” rating in a research report on Friday, August 2nd. TD Securities upped their price target on shares of Andlauer Healthcare Group from C$52.00 to C$53.00 and gave the company a “buy” rating in a report on Friday, August 2nd. Finally, Eight Capital decreased their price objective on shares of Andlauer Healthcare Group from C$58.00 to C$51.00 and set a “buy” rating for the company in a report on Friday, August 2nd.

Andlauer Healthcare Group Stock Performance

TSE:AND opened at C$43.80 on Thursday. The firm has a 50-day moving average of C$39.52 and a two-hundred day moving average of C$39.55. 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 stock has a market cap of C$819.06 million, a P/E 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.

Andlauer Healthcare Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th were given a $0.11 dividend. This is an increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.10. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date was Friday, September 27th. Andlauer Healthcare Group’s dividend payout ratio (DPR) is presently 26.32%.

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.