Andersen Group Inc. (NYSE:ANDG) Given Average Rating of “Buy” by Analysts

Andersen Group Inc. (NYSE:ANDG) has been given an average recommendation of “Buy” by the six research firms that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and four have assigned a strong buy rating to the company.

A number of equities analysts have weighed in on the company. Wells Fargo & Company raised Andersen Group to a “hold” rating in a research report on Monday, January 12th. Robert W. Baird upgraded Andersen Group to a “strong-buy” rating in a research note on Monday, January 12th. Truist Financial upgraded shares of Andersen Group to a “strong-buy” rating in a report on Monday, January 12th. William Blair raised Andersen Group to a “strong-buy” rating in a report on Monday, January 12th. Finally, Zacks Research raised Andersen Group to a “hold” rating in a research note on Tuesday, January 13th.

Andersen Group Stock Down 10.6%

NYSE:ANDG opened at $18.21 on Monday. Andersen Group has a 1 year low of $18.12 and a 1 year high of $27.51.

Institutional Trading of Andersen Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. PNC Financial Services Group Inc. acquired a new position in Andersen Group during the fourth quarter valued at approximately $215,000. Telemark Asset Management LLC bought a new stake in Andersen Group during the 4th quarter valued at $2,593,000. Teacher Retirement System of Texas purchased a new position in shares of Andersen Group during the 4th quarter worth approximately $4,278,000. Goldman Sachs Group Inc. purchased a new position in Andersen Group in the 4th quarter worth approximately $10,420,000. Finally, Seven Grand Managers LLC purchased a new stake in Andersen Group during the fourth quarter valued at approximately $12,965,000.

Andersen Group Company Profile

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.