TD Securities Issues Positive Forecast for Andlauer Healthcare Group (TSE:AND) Stock Price

Andlauer Healthcare Group (TSE:AND) had its price target increased by equities researchers at TD Securities from C$53.00 to C$54.00 in a research note issued on Thursday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ target price points to a potential upside of 21.18% from the stock’s current price.

A number of other brokerages have also recently issued reports on AND. Royal Bank of Canada increased their target price on 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. Eight Capital lowered their price objective on shares of Andlauer Healthcare Group from C$58.00 to C$51.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Finally, Scotiabank reduced their price objective on shares of Andlauer Healthcare Group to C$43.00 in a report on Thursday, October 10th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$48.57.

Andlauer Healthcare Group Stock Up 1.7 %

Shares of TSE AND traded up C$0.76 during trading on Thursday, hitting C$44.56. 16,040 shares of the company traded hands, compared to its average volume of 30,309. The firm has a market capitalization of C$833.27 million, a price-to-earnings ratio of 29.24 and a beta of 0.66. The business’s fifty day moving average is C$39.52 and its 200 day moving average is C$39.55. The company has a debt-to-equity ratio of 41.86, a quick ratio of 1.66 and a current ratio of 1.35. Andlauer Healthcare Group has a fifty-two week low of C$36.43 and a fifty-two week high of C$44.58.

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.