TD Securities Boosts Andlauer Healthcare Group (TSE:AND) Price Target to C$53.00

Andlauer Healthcare Group (TSE:AND) had its target price upped by TD Securities from C$52.00 to C$53.00 in a research note published on Friday morning, BayStreet.CA reports. The firm currently has a buy rating on the stock.

A number of other research firms have also recently issued reports on AND. Eight Capital cut their target price on shares of Andlauer Healthcare Group from C$58.00 to C$51.00 and set a buy rating for the company in a research note on Friday. CIBC cut their price objective on shares of Andlauer Healthcare Group from C$52.00 to C$50.00 and set an outperform rating for the company in a research report on Monday, May 6th. Royal Bank of Canada upped their target price on Andlauer Healthcare Group from C$41.00 to C$42.00 and gave the company a sector perform rating in a research report on Friday. Stifel Nicolaus reduced their price target on Andlauer Healthcare Group from C$55.00 to C$52.00 and set a buy rating for the company in a research note on Monday, May 6th. Finally, Scotiabank lowered their price objective on Andlauer Healthcare Group from C$46.00 to C$45.00 and set a sector perform rating on the stock in a research report on Friday. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of Moderate Buy and an average target price of C$48.57.

Andlauer Healthcare Group Stock Down 0.7 %

AND stock opened at C$41.55 on Friday. Andlauer Healthcare Group has a 1-year low of C$36.43 and a 1-year high of C$44.76. The business’s 50 day simple moving average is C$39.06 and its 200 day simple moving average is C$40.29. The company has a current ratio of 1.94, a quick ratio of 1.66 and a debt-to-equity ratio of 26.06. The firm has a market capitalization of C$809.39 million, a PE ratio of 27.52 and a beta of 0.69.

Andlauer Healthcare Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Friday, June 28th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, June 28th. This represents a $0.40 annualized dividend and a yield of 0.96%. Andlauer Healthcare Group’s dividend payout ratio is 23.84%.

Insider Buying and Selling at Andlauer Healthcare Group

In related news, Director Ronald Martin Skelton sold 1,500 shares of the stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of C$40.87, for a total transaction of C$61,309.95. Insiders own 1.43% of the company’s stock.

About Andlauer Healthcare Group

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.