Analysts Set Andlauer Healthcare Group Inc. (TSE:AND) Target Price at C$50.64

Andlauer Healthcare Group Inc. (TSE:AND - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the six ratings firms that are presently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is C$50.64.

A number of analysts have recently weighed in on AND shares. CIBC upped their price target on shares of Andlauer Healthcare Group from C$50.00 to C$52.00 and gave the stock an "outperform" rating in a report on Thursday, March 7th. Scotiabank upped their price target on shares of Andlauer Healthcare Group from C$45.00 to C$47.50 and gave the stock a "sector perform" rating in a report on Thursday, March 7th. National Bankshares upped their price target on shares of Andlauer Healthcare Group from C$46.00 to C$47.00 and gave the stock a "sector perform" rating in a report on Thursday, March 7th. Eight Capital cut their price target on shares of Andlauer Healthcare Group from C$62.00 to C$58.00 and set a "buy" rating for the company in a report on Thursday, March 7th. Finally, TD Securities upped their price target on shares of Andlauer Healthcare Group from C$51.00 to C$52.00 and gave the stock a "buy" rating in a report on Thursday, March 7th.

Andlauer Healthcare Group Stock Performance

AND traded down C$0.21 on Friday, reaching C$42.15. The company had a trading volume of 13,054 shares, compared to its average volume of 28,088. Andlauer Healthcare Group has a fifty-two week low of C$36.76 and a fifty-two week high of C$52.55. The stock has a market cap of C$821.08 million, a P/E ratio of 27.19 and a beta of 0.69. The company's fifty day moving average is C$41.38 and its 200 day moving average is C$40.31. The company has a debt-to-equity ratio of 27.24, a quick ratio of 1.66 and a current ratio of 2.52.

Andlauer Healthcare Group (TSE:AND - Get Free Report) last announced its earnings results on Tuesday, March 5th. The company reported C$0.44 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.49 by C($0.05). Andlauer Healthcare Group had a return on equity of 14.53% and a net margin of 10.21%. The business had revenue of C$169.07 million for the quarter, compared to analyst estimates of C$165.00 million. As a group, analysts predict that Andlauer Healthcare Group will post 1.8453564 earnings per share for the current fiscal year.

Andlauer Healthcare Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Thursday, March 28th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.95%. This is a boost from Andlauer Healthcare Group's previous quarterly dividend of $0.09. The ex-dividend date is Wednesday, March 27th. Andlauer Healthcare Group's dividend payout ratio (DPR) is presently 23.23%.

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.