Scotiabank Forecasts Strong Price Appreciation for Andlauer Healthcare Group (TSE:AND) Stock

Andlauer Healthcare Group (TSE:AND) had its target price raised by Scotiabank from C$43.00 to C$44.00 in a research note issued on Thursday,BayStreet.CA reports. Scotiabank’s target price would suggest a potential upside of 2.33% from the company’s previous close.

Other analysts have also issued reports about the stock. Eight Capital reduced their price objective on shares of Andlauer Healthcare Group from C$58.00 to C$51.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Royal Bank of Canada raised their price target on shares of Andlauer Healthcare Group from C$41.00 to C$42.00 and gave the company a “sector perform” rating in a research report on Friday, August 2nd. Finally, TD Securities upped their price objective on Andlauer Healthcare Group from C$53.00 to C$54.00 and gave the company a “buy” rating in a research report on Thursday. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$48.57.

Andlauer Healthcare Group Trading Down 4.3 %

TSE AND opened at C$43.00 on Thursday. The stock’s fifty day moving average price is C$39.63 and its 200-day moving average price is C$39.58. The company has a current ratio of 1.35, a quick ratio of 1.66 and a debt-to-equity ratio of 41.86. The stock has a market cap of C$804.10 million, a P/E ratio of 28.29 and a beta of 0.66. Andlauer Healthcare Group has a 12 month low of C$36.43 and a 12 month high of C$44.92.

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.