Scotiabank Boosts Andlauer Healthcare Group (TSE:AND) Price Target to C$44.00

Andlauer Healthcare Group (TSE:AND) had its target price lifted by Scotiabank from C$43.00 to C$44.00 in a report issued on Thursday morning,BayStreet.CA reports.

Other research analysts have also issued research reports about the company. Royal Bank of Canada boosted their price target on Andlauer Healthcare Group from C$41.00 to C$42.00 and gave the stock a “sector perform” rating in a research report on Friday, August 2nd. Eight Capital lowered their target price on shares of Andlauer Healthcare Group from C$58.00 to C$51.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Finally, TD Securities increased their price target on shares of Andlauer Healthcare Group from C$53.00 to C$54.00 and gave the company a “buy” rating in a research note on Thursday. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$48.57.

Andlauer Healthcare Group Price Performance

TSE:AND opened at C$43.00 on Thursday. Andlauer Healthcare Group has a 52-week low of C$36.43 and a 52-week high of C$44.92. The company has a market cap of C$804.10 million, a P/E ratio of 28.29 and a beta of 0.66. The company has a debt-to-equity ratio of 41.86, a quick ratio of 1.66 and a current ratio of 1.35. The stock’s 50-day simple moving average is C$39.70 and its 200 day simple moving average is C$39.59.

Andlauer Healthcare Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 27th were issued a dividend of $0.11 per share. This is an increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.10. The ex-dividend date was Friday, September 27th. This represents a $0.44 annualized dividend and a yield of 1.02%. Andlauer Healthcare Group’s dividend payout ratio (DPR) is currently 26.32%.

Andlauer Healthcare Group Company Profile

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.