Andlauer Healthcare Group (TSE:AND) Shares Up 27.1% Following Analyst Upgrade

Shares of Andlauer Healthcare Group Inc. (TSE:AND - Get Free Report) traded up 27.1% on Friday after Scotiabank raised their price target on the stock from C$43.00 to C$55.00. The stock traded as high as C$53.58 and last traded at C$53.32. 1,255,518 shares traded hands during trading, an increase of 2,472% from the average session volume of 48,818 shares. The stock had previously closed at C$41.96.

Several other equities analysts also recently commented on AND. TD Securities downgraded Andlauer Healthcare Group from a "buy" rating to a "sell" rating and upped their target price for the company from C$51.00 to C$55.00 in a research report on Friday, April 25th. Stifel Nicolaus upped their price objective on Andlauer Healthcare Group from C$50.00 to C$52.00 in a report on Monday, February 24th. Finally, National Bankshares lifted their target price on Andlauer Healthcare Group from C$45.00 to C$49.00 and gave the stock a "sector perform" rating in a report on Tuesday, February 11th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, Andlauer Healthcare Group has a consensus rating of "Hold" and a consensus target price of C$50.57.

Andlauer Healthcare Group Price Performance

The firm has a market capitalization of C$2.13 billion, a P/E ratio of 32.22 and a beta of 0.66. The company has a fifty day moving average of C$41.29 and a 200 day moving average of C$42.68. The company has a debt-to-equity ratio of 39.31, a current ratio of 1.44 and a quick ratio of 1.66.

Andlauer Healthcare Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date was Monday, March 31st. This is an increase from Andlauer Healthcare Group's previous quarterly dividend of $0.11. Andlauer Healthcare Group's dividend payout ratio (DPR) is currently 24.09%.

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.