Andlauer Healthcare Group (TSE:AND) Price Target Raised to C$55.00

Andlauer Healthcare Group (TSE:AND) had its price objective increased by Scotiabank from C$43.00 to C$55.00 in a research note published on Friday morning,BayStreet.CA reports.

Several other equities research analysts have also commented on the stock. Stifel Nicolaus increased their price objective on shares of Andlauer Healthcare Group from C$50.00 to C$52.00 in a research note on Monday, February 24th. TD Securities downgraded Andlauer Healthcare Group from a “buy” rating to a “sell” rating and increased their price target for the company from C$51.00 to C$55.00 in a research report on Friday. Finally, National Bankshares boosted their price objective on 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. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of C$50.57.

Andlauer Healthcare Group Stock Performance

TSE AND opened at C$53.18 on Friday. 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 company has a fifty day moving average price of C$40.98 and a 200-day moving average price of C$42.50. Andlauer Healthcare Group has a 1 year low of C$36.43 and a 1 year high of C$53.58. The firm has a market cap of C$2.12 billion, a price-to-earnings ratio of 32.02 and a beta of 0.66.

Andlauer Healthcare Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were paid a $0.12 dividend. This is an increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.11. The ex-dividend date was Monday, March 31st. This represents a $0.48 annualized dividend and a yield of 0.90%. Andlauer Healthcare Group’s dividend payout ratio is presently 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.