Brokerages Set Andersen Group Inc. (NYSE:ANDG) Price Target at $32.67

Shares of Andersen Group Inc. (NYSE:ANDG) have received an average rating of “Moderate Buy” from the seven analysts that are currently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $32.6667.

ANDG has been the subject of several research reports. Truist Financial upgraded Andersen Group to a “strong-buy” rating in a report on Monday, January 12th. Robert W. Baird increased their price objective on Andersen Group from $40.00 to $42.00 and gave the stock an “outperform” rating in a report on Wednesday, March 18th. Morgan Stanley raised their price objective on shares of Andersen Group from $22.00 to $24.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 18th. Zacks Research upgraded shares of Andersen Group to a “hold” rating in a research note on Tuesday, January 13th. Finally, Wells Fargo & Company upgraded shares of Andersen Group to a “hold” rating in a research note on Monday, January 12th.

Institutional Investors Weigh In On Andersen Group

A number of large investors have recently bought and sold shares of ANDG. Wells Fargo & Company MN bought a new position in Andersen Group during the fourth quarter valued at about $46,000. PNC Financial Services Group Inc. bought a new stake in shares of Andersen Group during the 4th quarter worth about $215,000. Barclays PLC bought a new stake in shares of Andersen Group during the 4th quarter worth about $218,000. Voloridge Investment Management LLC acquired a new position in shares of Andersen Group during the 4th quarter valued at about $259,000. Finally, XTX Topco Ltd bought a new position in shares of Andersen Group in the 4th quarter valued at approximately $269,000.

Andersen Group Stock Up 1.1%

Shares of NYSE:ANDG opened at $29.53 on Tuesday. Andersen Group has a 1 year low of $18.12 and a 1 year high of $30.22. The stock’s fifty day moving average price is $23.53.

Andersen Group (NYSE:ANDG) last issued its earnings results on Tuesday, March 17th. The company reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates of ($0.28) by $0.15. The firm had revenue of $170.35 million during the quarter, compared to analysts’ expectations of $152.64 million.

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.