Stifel Nicolaus Lowers Andlauer Healthcare Group (TSE:AND) Price Target to C$55.00

Andlauer Healthcare Group (TSE:AND) had its price target trimmed by Stifel Nicolaus from C$60.00 to C$55.00 in a research report released on Monday, BayStreet.CA reports.

Several other equities analysts also recently commented on AND. Royal Bank of Canada cut their price objective on Andlauer Healthcare Group from C$46.00 to C$45.00 and set a sector perform rating on the stock in a research report on Thursday, August 3rd. TD Securities dropped their price objective on Andlauer Healthcare Group from C$58.00 to C$56.00 and set a buy rating on the stock in a research note on Thursday, August 3rd. Finally, Scotiabank dropped their price objective on Andlauer Healthcare Group from C$48.00 to C$44.00 and set a sector perform rating on the stock in a research note on Wednesday, September 27th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of Moderate Buy and an average price target of C$51.68.

Andlauer Healthcare Group Stock Performance

Shares of Andlauer Healthcare Group stock opened at C$41.32 on Monday. The stock’s fifty day moving average is C$40.26 and its two-hundred day moving average is C$43.24. The company has a market capitalization of C$829.71 million, a PE ratio of 23.61 and a beta of 0.69. The company has a quick ratio of 1.66, a current ratio of 2.60 and a debt-to-equity ratio of 33.79. Andlauer Healthcare Group has a 52 week low of C$36.76 and a 52 week high of C$55.85.

Andlauer Healthcare Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 29th were paid a dividend of $0.09 per share. The ex-dividend date was Thursday, September 28th. This is an increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.08. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.87%. Andlauer Healthcare Group’s dividend payout ratio (DPR) is currently 18.29%.

Insider Activity

In other news, Director Ronald Martin Skelton sold 10,000 shares of the firm’s stock in a transaction dated Friday, September 15th. The shares were sold at an average price of C$42.75, for a total value of C$427,455.00. Insiders own 1.38% of the company’s stock.

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.