CIBC Lowers Andlauer Healthcare Group (TSE:AND) Price Target to C$50.00

Andlauer Healthcare Group (TSE:AND) had its target price cut by analysts at CIBC from C$52.00 to C$50.00 in a research report issued to clients and investors on Monday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. CIBC’s price objective indicates a potential upside of 23.21% from the company’s current price.

Other equities analysts have also recently issued reports about the company. 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. TD Securities cut their price target on shares of Andlauer Healthcare Group from C$54.00 to C$52.00 and set a “buy” rating on the stock in a report on Monday. Eight Capital decreased their price objective on shares of Andlauer Healthcare Group from C$62.00 to C$58.00 and set a “buy” rating for the company in a research note on Thursday, March 7th. Scotiabank boosted their target price on Andlauer Healthcare Group from C$45.00 to C$47.50 and gave the stock a “sector perform” rating in a research note on Thursday, March 7th. Finally, National Bankshares lifted their price target on Andlauer Healthcare Group from C$46.00 to C$47.00 and gave the stock a “sector perform” rating in a report on Thursday, March 7th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Andlauer Healthcare Group presently has an average rating of “Moderate Buy” and a consensus price target of C$49.43.

Andlauer Healthcare Group Price Performance

Shares of TSE AND opened at C$40.58 on Monday. The stock has a market cap of C$790.50 million, a price-to-earnings ratio of 26.18 and a beta of 0.69. The company has a debt-to-equity ratio of 27.24, a quick ratio of 1.66 and a current ratio of 2.52. Andlauer Healthcare Group has a fifty-two week low of C$36.76 and a fifty-two week high of C$48.80. The firm’s 50-day simple moving average is C$42.10 and its 200 day simple moving average is C$40.51.

Andlauer Healthcare Group (TSE:AND) last issued its quarterly earnings data 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 company had revenue of C$169.07 million during the quarter, compared to analysts’ expectations of C$165.00 million. Andlauer Healthcare Group had a return on equity of 14.53% and a net margin of 10.21%. As a group, research analysts anticipate that Andlauer Healthcare Group will post 1.8439434 earnings per share for the current fiscal year.

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.