Andlauer Healthcare Group Inc. (TSE:AND) Given Consensus Recommendation of “Moderate Buy” by Analysts

Andlauer Healthcare Group Inc. (TSE:AND) has been assigned a consensus rating of “Moderate Buy” from the seven ratings firms that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is C$48.57.

A number of research firms have commented on AND. Royal Bank of Canada boosted their price target on shares of Andlauer Healthcare Group from C$41.00 to C$42.00 and gave the stock a “sector perform” rating in a research note on Friday, August 2nd. Scotiabank boosted their price target on shares of Andlauer Healthcare Group from C$43.00 to C$44.00 in a research note on Thursday, November 7th. Eight Capital dropped their price objective on 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, August 2nd. Finally, TD Securities raised their target price on Andlauer Healthcare Group from C$53.00 to C$54.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th.

Andlauer Healthcare Group Price Performance

AND stock opened at C$42.80 on Monday. The firm has a 50 day moving average of C$40.41 and a 200-day moving average of C$39.66. The company has a current ratio of 1.35, a quick ratio of 1.66 and a debt-to-equity ratio of 41.86. Andlauer Healthcare Group has a 12 month low of C$36.43 and a 12 month high of C$44.92. The firm has a market capitalization of C$800.36 million, a P/E ratio of 28.16 and a beta of 0.66.

Andlauer Healthcare Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th were issued a dividend of $0.11 per share. This is a boost from Andlauer Healthcare Group’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.03%. Andlauer Healthcare Group’s dividend payout ratio is presently 26.32%.

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.