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

Andlauer Healthcare Group Inc. (TSE:AND) has been assigned an average recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$48.57.

A number of analysts recently commented on the company. National Bankshares lifted their price target on Andlauer Healthcare Group from C$45.00 to C$49.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 11th. TD Securities reduced their target price on Andlauer Healthcare Group from C$54.00 to C$53.00 and set a “buy” rating for the company in a research report on Friday, February 28th. Stifel Nicolaus upped their price objective on Andlauer Healthcare Group from C$50.00 to C$52.00 in a report on Monday, February 24th. Finally, Scotiabank lowered their target price on Andlauer Healthcare Group from C$44.50 to C$43.00 and set a “sector perform” rating for the company in a research note on Wednesday, April 2nd.

Andlauer Healthcare Group Stock Up 0.7 %

AND stock opened at C$39.80 on Wednesday. Andlauer Healthcare Group has a twelve month low of C$36.43 and a twelve month high of C$48.00. The firm has a market capitalization of C$1.59 billion, a PE ratio of 23.97 and a beta of 0.66. The stock’s 50 day moving average is C$42.25 and its 200-day moving average is C$42.08. The company has a quick ratio of 1.66, a current ratio of 1.44 and a debt-to-equity ratio of 39.31.

Andlauer Healthcare Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date is Monday, March 31st. This is a boost from Andlauer Healthcare Group’s previous quarterly dividend of $0.11. Andlauer Healthcare Group’s payout ratio is 24.09%.

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.