Andlauer Healthcare Group (TSE:AND) Given New C$54.00 Price Target at TD Securities

Andlauer Healthcare Group (TSE:AND) had its target price raised by TD Securities from C$53.00 to C$54.00 in a research note published on Thursday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

A number of other research firms have also weighed in on AND. Eight Capital lowered 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 note on Friday, August 2nd. Royal Bank of Canada boosted 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 report on Friday, August 2nd. Finally, Scotiabank decreased their price target on Andlauer Healthcare Group to C$43.00 in a report on Thursday, October 10th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, Andlauer Healthcare Group currently has a consensus rating of “Moderate Buy” and an average price target of C$48.57.

Andlauer Healthcare Group Stock Performance

Shares of TSE AND traded down C$1.30 during trading on Thursday, reaching C$43.62. 24,113 shares of the company traded hands, compared to its average volume of 30,311. Andlauer Healthcare Group has a 12-month low of C$36.43 and a 12-month high of C$44.92. The company has a current ratio of 1.35, a quick ratio of 1.66 and a debt-to-equity ratio of 41.86. The stock has a market cap of C$815.69 million, a P/E ratio of 29.55 and a beta of 0.66. The firm’s fifty day simple moving average is C$39.52 and its 200 day simple moving average is C$39.55.

Andlauer Healthcare Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 27th were given a dividend of $0.11 per share. This is an increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.10. This represents a $0.44 annualized dividend and a dividend yield of 1.01%. The ex-dividend date was Friday, September 27th. Andlauer Healthcare Group’s payout ratio is currently 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.