Analysts Set Andlauer Healthcare Group Inc. (TSE:AND) Price Target at C$48.57

Shares of Andlauer Healthcare Group Inc. (TSE:AND) have been given an average rating of “Moderate Buy” by the seven research firms that are currently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is C$48.57.

A number of equities research analysts have recently weighed in on AND shares. Eight Capital cut their price objective on 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. Scotiabank lifted their price objective on Andlauer Healthcare Group from C$43.00 to C$44.00 in a research report on Thursday, November 7th. Royal Bank of Canada raised their target price on Andlauer Healthcare Group from C$41.00 to C$42.00 and gave the company a “sector perform” rating in a research note on Friday, August 2nd. Finally, TD Securities raised their target price on Andlauer Healthcare Group from C$53.00 to C$54.00 and gave the company a “buy” rating in a research note on Thursday, November 7th.

Andlauer Healthcare Group Stock Performance

The company has a market cap of C$810.08 million, a price-to-earnings ratio of 28.50 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$44.92. The stock has a fifty day simple moving average of C$40.70 and a 200 day simple moving average of C$39.73. 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 Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th were paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of ?. The ex-dividend date of this dividend was Friday, September 27th. This is a boost from Andlauer Healthcare Group’s previous quarterly dividend of $0.10. 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.