Andersen Group (NYSE:ANDG) Price Target Raised to $34.00 at UBS Group

Andersen Group (NYSE:ANDG) had its target price lifted by UBS Group from $32.00 to $34.00 in a research report sent to investors on Monday morning,Benzinga reports. UBS Group currently has a buy rating on the stock.

A number of other research analysts have also issued reports on ANDG. William Blair upgraded Andersen Group to a “strong-buy” rating in a research report on Monday, January 12th. Zacks Research upgraded Andersen Group to a “hold” rating in a research report on Tuesday, January 13th. Weiss Ratings began coverage on Andersen Group in a research report on Monday, April 6th. They set a “sell (e)” rating on the stock. Truist Financial upgraded Andersen Group to a “strong-buy” rating in a research report on Monday, January 12th. Finally, Wells Fargo & Company upgraded Andersen Group to a “hold” rating in a research report on Monday, January 12th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $33.33.

Andersen Group Stock Performance

Shares of NYSE:ANDG opened at $29.21 on Monday. Andersen Group has a 1 year low of $18.12 and a 1 year high of $30.27. The company’s 50 day simple moving average is $24.38.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Corient Private Wealth LLC purchased a new position in Andersen Group in the 4th quarter valued at $357,000. XTX Topco Ltd purchased a new position in Andersen Group in the 4th quarter valued at $269,000. Voloridge Investment Management LLC purchased a new position in Andersen Group in the 4th quarter valued at $259,000. Tudor Investment Corp ET AL purchased a new position in Andersen Group in the 4th quarter valued at $3,748,000. Finally, Polymer Capital Management US LLC purchased a new position in Andersen Group in the 4th quarter valued at $648,000.

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.