Andlauer Healthcare Group (TSE:AND) Price Target Cut to C$51.00 by Analysts at TD Securities

Andlauer Healthcare Group (TSE:AND) had its price objective trimmed by TD Securities from C$53.00 to C$51.00 in a research report report published on Tuesday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

A number of other research firms have also commented on AND. Stifel Nicolaus upped their price target on Andlauer Healthcare Group from C$50.00 to C$52.00 in a research report on Monday, February 24th. National Bankshares upped their target price on Andlauer Healthcare Group from C$45.00 to C$49.00 and gave the company a “sector perform” rating in a report on Tuesday, February 11th. Finally, Scotiabank cut their price target on shares of Andlauer Healthcare Group from C$44.50 to C$43.00 and set a “sector perform” rating on the stock in a report on Wednesday, April 2nd. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Andlauer Healthcare Group currently has an average rating of “Moderate Buy” and a consensus target price of C$48.29.

Andlauer Healthcare Group Stock Performance

TSE:AND opened at C$40.37 on Tuesday. The company has a market capitalization of C$1.61 billion, a price-to-earnings ratio of 24.31 and a beta of 0.66. The business has a 50 day moving average of C$41.19 and a 200 day moving average of C$42.15. Andlauer Healthcare Group has a 1-year low of C$36.43 and a 1-year high of C$48.00. The company has a debt-to-equity ratio of 39.31, a current ratio of 1.44 and a quick ratio of 1.66.

Andlauer Healthcare Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend was Monday, March 31st. This is an increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.11. Andlauer Healthcare Group’s payout ratio is 24.09%.

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.