Andlauer Healthcare Group Inc. (TSE:AND) Receives C$48.57 Consensus Price Target from Analysts

Shares of Andlauer Healthcare Group Inc. (TSE:AND) have received a consensus recommendation of “Moderate Buy” from the seven research firms that are covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$48.57.

AND has been the subject of several recent research reports. TD Securities raised their target price on shares of Andlauer Healthcare Group from C$53.00 to C$54.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Royal Bank of Canada raised their target price on shares of Andlauer Healthcare Group from C$41.00 to C$42.00 and gave the company a “sector perform” rating in a report on Friday, August 2nd. Eight Capital dropped their target price on shares of Andlauer Healthcare Group from C$58.00 to C$51.00 and set a “buy” rating for the company in a report on Friday, August 2nd. Finally, Scotiabank raised their target price on shares of Andlauer Healthcare Group from C$43.00 to C$44.00 in a report on Thursday, November 7th.

Andlauer Healthcare Group Stock Up 0.3 %

Shares of TSE AND opened at C$43.25 on Monday. The company has a quick ratio of 1.66, a current ratio of 1.35 and a debt-to-equity ratio of 41.86. Andlauer Healthcare Group has a 52 week low of C$36.43 and a 52 week high of C$44.92. The firm has a 50-day moving average price of C$40.92 and a 200 day moving average price of C$39.78. The stock has a market capitalization of C$808.78 million, a price-to-earnings ratio of 28.45 and a beta of 0.66.

Andlauer Healthcare Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th were issued a dividend of $0.11 per share. The ex-dividend date was Friday, September 27th. This is an increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.10. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.02%. Andlauer Healthcare Group’s payout ratio is 26.32%.

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.