TD Securities Cuts Andlauer Healthcare Group (TSE:AND) Price Target to C$51.00

Andlauer Healthcare Group (TSE:AND - Free Report) had its price objective decreased by TD Securities from C$53.00 to C$51.00 in a research report report published on Tuesday morning,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

Other equities analysts have also recently issued research reports about the company. National Bankshares boosted their price target on Andlauer Healthcare Group from C$45.00 to C$49.00 and gave the company a "sector perform" rating in a research report on Tuesday, February 11th. Scotiabank dropped their target price on Andlauer Healthcare Group from C$44.50 to C$43.00 and set a "sector perform" rating on the stock in a report on Wednesday, April 2nd. Finally, Stifel Nicolaus increased their price target on Andlauer Healthcare Group from C$50.00 to C$52.00 in a report on Monday, February 24th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Andlauer Healthcare Group has an average rating of "Moderate Buy" and a consensus target price of C$48.29.

Andlauer Healthcare Group Stock Performance

TSE:AND traded up C$0.69 during trading hours on Tuesday, reaching C$41.37. 35,217 shares of the company's stock were exchanged, compared to its average volume of 33,704. The company has a quick ratio of 1.66, a current ratio of 1.44 and a debt-to-equity ratio of 39.31. The firm has a market capitalization of C$1.65 billion, a price-to-earnings ratio of 24.91 and a beta of 0.66. Andlauer Healthcare Group has a 1-year low of C$36.43 and a 1-year high of C$48.00. The company has a 50-day moving average of C$40.88 and a 200 day moving average of C$42.20.

Andlauer Healthcare Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Monday, March 31st. This is a boost from Andlauer Healthcare Group's previous quarterly dividend of $0.11. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.16%. Andlauer Healthcare Group's dividend payout ratio is 24.09%.

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.