Andlauer Healthcare Group (TSE:AND) Given New C$46.00 Price Target at Scotiabank

Andlauer Healthcare Group (TSE:AND) had its price target decreased by Scotiabank from C$47.50 to C$46.00 in a research report report published on Monday, BayStreet.CA reports. Scotiabank currently has an outperform rating on the stock.

Several other equities analysts have also recently commented on AND. Royal Bank of Canada lowered their target price on shares of Andlauer Healthcare Group from C$43.00 to C$41.00 and set a sector perform rating on the stock in a research note on Monday. National Bankshares increased their price objective on shares of Andlauer Healthcare Group from C$46.00 to C$47.00 and gave the company a sector perform rating in a report on Thursday, March 7th. Eight Capital dropped their target price on Andlauer Healthcare Group from C$62.00 to C$58.00 and set a buy rating on the stock in a report on Thursday, March 7th. TD Securities decreased their price target on Andlauer Healthcare Group from C$54.00 to C$52.00 and set a buy rating for the company in a research note on Monday. Finally, Stifel Nicolaus dropped their price objective on Andlauer Healthcare Group from C$55.00 to C$52.00 and set a buy rating on the stock in a research note on Monday. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of Moderate Buy and an average target price of C$49.43.

Andlauer Healthcare Group Price Performance

TSE AND opened at C$40.31 on Monday. The company has a 50-day moving average price of C$42.09 and a two-hundred day moving average price of C$40.49. The stock has a market cap of C$785.24 million, a price-to-earnings ratio of 26.01 and a beta of 0.69. The company has a current ratio of 2.52, a quick ratio of 1.66 and a debt-to-equity ratio of 27.24. Andlauer Healthcare Group has a 52 week low of C$36.76 and a 52 week high of C$48.80.

Andlauer Healthcare Group (TSE:AND) last posted its earnings results on Tuesday, March 5th. The company reported C$0.44 EPS for the quarter, missing the consensus estimate of C$0.49 by C($0.05). The business had revenue of C$169.07 million during the quarter, compared to analyst estimates of C$165.00 million. Andlauer Healthcare Group had a net margin of 10.21% and a return on equity of 14.53%. Analysts forecast that Andlauer Healthcare Group will post 1.8439434 EPS for the current year.

Andlauer Healthcare Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date was Wednesday, March 27th. This is an increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.09. Andlauer Healthcare Group’s dividend payout ratio is 23.23%.

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.