Brokerages Set Andlauer Healthcare Group Inc. (TSE:AND) Price Target at C$48.57

Shares of Andlauer Healthcare Group Inc. (TSE:AND) have earned a consensus recommendation of “Moderate Buy” from the seven analysts that are presently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is C$48.57.

A number of analysts recently issued reports on the company. Eight Capital dropped their price objective on 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. Scotiabank raised their price target on Andlauer Healthcare Group from C$43.00 to C$44.00 in a report on Thursday, November 7th. TD Securities raised their price target on 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. Finally, Royal Bank of Canada raised their price target on 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.

Andlauer Healthcare Group Stock Performance

The business’s 50-day moving average is C$40.70 and its 200-day moving average is C$39.73. The stock has a market cap of C$810.08 million, a PE ratio of 28.50 and a beta of 0.66. The company has a debt-to-equity ratio of 41.86, a current ratio of 1.35 and a quick ratio of 1.66. Andlauer Healthcare Group has a 1-year low of C$36.43 and a 1-year high of C$44.92.

Andlauer Healthcare Group Increases Dividend

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

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.