Andersen Group (NYSE:ANDG) Shares Up 4.1% – Should You Buy?

Andersen Group Inc. (NYSE:ANDG) shot up 4.1% during trading on Friday . The company traded as high as $23.00 and last traded at $22.28. 47,554 shares were traded during mid-day trading, a decline of 85% from the average session volume of 325,308 shares. The stock had previously closed at $21.40.

Analyst Upgrades and Downgrades

ANDG has been the subject of a number of research analyst reports. Truist Financial upgraded shares of Andersen Group to a “strong-buy” rating in a report on Monday, January 12th. Robert W. Baird raised shares of Andersen Group to a “strong-buy” rating in a research report on Monday, January 12th. William Blair upgraded Andersen Group to a “strong-buy” rating in a report on Monday, January 12th. Zacks Research raised Andersen Group to a “hold” rating in a research note on Tuesday, January 13th. Finally, Wells Fargo & Company raised Andersen Group to a “hold” rating in a research report on Monday, January 12th. Four equities research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Andersen Group Stock Up 4.9%

Hedge Funds Weigh In On Andersen Group

An institutional investor recently bought a new position in Andersen Group stock. Teacher Retirement System of Texas bought a new position in Andersen Group Inc. (NYSE:ANDG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 165,000 shares of the company’s stock, valued at approximately $4,278,000. Teacher Retirement System of Texas owned approximately 0.15% of Andersen Group as of its most recent filing with the Securities and Exchange Commission (SEC).

About Andersen Group

Our mission is to deliver exceptional client service grounded in integrity, transparency, and excellence. Since our founding in 2002, we have experienced rapid and sustained growth, powered by our people, our values and our relentless commitment to innovative, client-focused solutions. Building on the rich traditions and culture of the former Arthur Andersen, we are driven by a bold vision to lead in a complex global marketplace, creating lasting value for our clients, our people and our investors.