Royal Bank of Canada Raises Andlauer Healthcare Group (TSE:AND) Price Target to C$42.00

Andlauer Healthcare Group (TSE:AND) had its target price raised by Royal Bank of Canada from C$41.00 to C$42.00 in a research report released on Friday morning, BayStreet.CA reports. They currently have a sector perform rating on the stock.

Other research analysts also recently issued research reports about the stock. CIBC decreased their target price on shares of Andlauer Healthcare Group from C$52.00 to C$50.00 and set an outperform rating for the company in a research report on Monday, May 6th. Stifel Nicolaus reduced their price target on shares of Andlauer Healthcare Group from C$55.00 to C$52.00 and set a buy rating on the stock in a research report on Monday, May 6th. Eight Capital lowered their target price on Andlauer Healthcare Group from C$58.00 to C$51.00 and set a buy rating for the company in a report on Friday. TD Securities decreased their price objective on shares of Andlauer Healthcare Group from C$54.00 to C$52.00 and set a buy rating for the company in a research report on Monday, May 6th. Finally, Scotiabank lowered their target price on Andlauer Healthcare Group from C$46.00 to C$45.00 and set a sector perform rating on the stock in a research report on Friday. 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 MarketBeat.com, Andlauer Healthcare Group currently has a consensus rating of Moderate Buy and an average target price of C$48.57.

Andlauer Healthcare Group Trading Down 0.7 %

Shares of TSE AND opened at C$41.55 on Friday. The company has a quick ratio of 1.66, a current ratio of 1.94 and a debt-to-equity ratio of 26.06. The company’s fifty day moving average is C$39.06 and its 200-day moving average is C$40.29. Andlauer Healthcare Group has a twelve month low of C$36.43 and a twelve month high of C$44.76. The stock has a market cap of C$809.39 million, a price-to-earnings ratio of 27.52 and a beta of 0.69.

Andlauer Healthcare Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Friday, June 28th were paid a $0.10 dividend. The ex-dividend date of this dividend was Friday, June 28th. This represents a $0.40 annualized dividend and a dividend yield of 0.96%. Andlauer Healthcare Group’s payout ratio is presently 23.84%.

Insider Transactions at Andlauer Healthcare Group

In other Andlauer Healthcare Group news, Director Ronald Martin Skelton sold 1,500 shares of Andlauer Healthcare Group stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of C$40.87, for a total transaction of C$61,309.95. Corporate insiders own 1.43% of the company’s stock.

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.