Andlauer Healthcare Group (TSE:AND) Given New C$43.00 Price Target at Scotiabank

Andlauer Healthcare Group (TSE:AND) had its target price reduced by Scotiabank from C$44.50 to C$43.00 in a research report released on Wednesday morning,BayStreet.CA reports. They currently have a sector perform rating on the stock.

Other research analysts have also recently issued research reports about the stock. Stifel Nicolaus raised their target price on shares of Andlauer Healthcare Group from C$50.00 to C$52.00 in a report on Monday, February 24th. National Bankshares boosted their price objective on shares of 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. Finally, TD Securities dropped their target price on shares of Andlauer Healthcare Group from C$54.00 to C$53.00 and set a “buy” rating for the company in a report on Friday, February 28th. 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, Andlauer Healthcare Group presently has a consensus rating of “Moderate Buy” and an average target price of C$48.57.

Andlauer Healthcare Group Price Performance

AND opened at C$39.40 on Wednesday. The company has a debt-to-equity ratio of 39.31, a current ratio of 1.44 and a quick ratio of 1.66. The stock’s 50 day simple moving average is C$42.51 and its 200 day simple moving average is C$42.04. The firm has a market cap of C$1.57 billion, a price-to-earnings ratio of 23.72 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.

Andlauer Healthcare Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th will be given a dividend of $0.12 per share. The ex-dividend date is Monday, March 31st. This represents a $0.48 annualized dividend and a dividend yield of 1.22%. This is a boost from Andlauer Healthcare Group’s previous quarterly dividend of $0.11. Andlauer Healthcare Group’s payout ratio 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.