Andlauer Healthcare Group (TSE:AND) Given New C$44.00 Price Target at Scotiabank

Andlauer Healthcare Group (TSE:AND) had its price objective boosted by equities researchers at Scotiabank from C$43.00 to C$44.00 in a report released on Thursday,BayStreet.CA reports. Scotiabank’s price objective would suggest a potential downside of 1.26% from the company’s previous close.

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

Andlauer Healthcare Group Stock Performance

Shares of AND stock traded up C$0.76 during mid-day trading on Thursday, hitting C$44.56. 16,040 shares of the stock were exchanged, compared to its average volume of 30,309. The stock has a market capitalization of C$833.27 million, a price-to-earnings ratio of 29.24 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. Andlauer Healthcare Group has a 12-month low of C$36.43 and a 12-month high of C$44.58. The stock’s fifty day simple moving average is C$39.52 and its two-hundred day simple moving average is C$39.55.

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.