Analysts Set Andlauer Healthcare Group Inc. (TSE:AND) PT at C$48.71

Shares of Andlauer Healthcare Group Inc. (TSE:AND) have been given an average recommendation of “Moderate Buy” by the seven ratings firms that are currently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is C$48.57.

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

Andlauer Healthcare Group Stock Up 0.7 %

Shares of Andlauer Healthcare Group stock opened at C$39.80 on Wednesday. The company has a debt-to-equity ratio of 39.31, a current ratio of 1.44 and a quick ratio of 1.66. The firm has a market cap of C$1.59 billion, a price-to-earnings 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$42.03. Andlauer Healthcare Group has a one year low of C$36.43 and a one year high of C$48.00.

Andlauer Healthcare Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a 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 currently 24.09%.

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.