Andlauer Healthcare Group (TSE:AND) Cut to “Sell” at TD Securities

TD Securities cut shares of Andlauer Healthcare Group (TSE:AND) from a buy rating to a sell rating in a report published on Friday morning, Marketbeat.com reports. TD Securities currently has C$55.00 price target on the stock, up from their prior price target of C$51.00.

A number of other brokerages also recently weighed in on AND. Scotiabank lowered their price target on Andlauer Healthcare Group from C$44.50 to C$43.00 and set a “sector perform” rating on the stock in a research report on Wednesday, April 2nd. National Bankshares increased their price target on shares of Andlauer Healthcare Group from C$45.00 to C$49.00 and gave the company a “sector perform” rating in a report on Tuesday, February 11th. Finally, Stifel Nicolaus raised their price objective on shares of Andlauer Healthcare Group from C$50.00 to C$52.00 in a research report on Monday, February 24th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of C$50.57.

Andlauer Healthcare Group Price Performance

TSE:AND opened at C$53.18 on Friday. The company has a market cap of C$2.12 billion, a P/E ratio of 32.02 and a beta of 0.66. Andlauer Healthcare Group has a 52-week low of C$36.43 and a 52-week high of C$53.58. The stock’s 50-day simple moving average is C$40.98 and its 200 day simple moving average is C$42.50. The company has a debt-to-equity ratio of 39.31, a quick ratio of 1.66 and a current ratio of 1.44.

Andlauer Healthcare Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were issued a $0.12 dividend. The ex-dividend date of this dividend was Monday, March 31st. This is a boost from Andlauer Healthcare Group’s previous quarterly dividend of $0.11. This represents a $0.48 annualized dividend and a yield of 0.90%. 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.