Andlauer Healthcare Group (TSE:AND) Trading Up 0.5% – Still a Buy?

Andlauer Healthcare Group Inc. (TSE:AND)’s share price shot up 0.5% on Monday . The company traded as high as C$46.69 and last traded at C$46.27. Approximately 25,926 shares were traded during trading, an increase of 2% from the average session volume of 25,473 shares. The stock had previously closed at C$46.06.

Wall Street Analysts Forecast Growth

AND has been the topic of several research analyst reports. Scotiabank raised their price objective on shares of Andlauer Healthcare Group from C$43.00 to C$44.00 in a research note on Thursday, November 7th. TD Securities increased their price target 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. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$48.57.

Andlauer Healthcare Group Stock Up 0.5 %

The firm has a market capitalization of C$865.25 million, a price-to-earnings ratio of 30.44 and a beta of 0.66. The business has a 50 day moving average of C$44.06 and a 200 day moving average of C$41.64. The company has a debt-to-equity ratio of 41.86, a current ratio of 1.35 and a quick ratio of 1.66.

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.