Andlauer Healthcare Group (TSE:AND) Trading Up 27.1% Following Analyst Upgrade

Andlauer Healthcare Group Inc. (TSE:AND)’s stock price traded up 27.1% during trading on Friday after Scotiabank raised their price target on the stock from C$43.00 to C$55.00. The company traded as high as C$53.58 and last traded at C$53.32. 1,255,518 shares changed hands during mid-day trading, an increase of 2,472% from the average session volume of 48,818 shares. The stock had previously closed at C$41.96.

Other research analysts also recently issued research reports about the stock. Stifel Nicolaus lifted their target price on shares of Andlauer Healthcare Group from C$50.00 to C$52.00 in a report on Monday, February 24th. TD Securities lowered Andlauer Healthcare Group from a “buy” rating to a “sell” rating and lifted their price objective for the stock from C$51.00 to C$55.00 in a research note on Friday. Finally, National Bankshares increased their target price on Andlauer Healthcare Group from C$45.00 to C$49.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 11th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of C$50.57.

Andlauer Healthcare Group Trading Down 0.3 %

The firm has a market cap of C$2.12 billion, a P/E ratio of 32.02 and a beta of 0.66. The company’s 50 day moving average is C$40.98 and its two-hundred day moving average is C$42.48. The company has a debt-to-equity ratio of 39.31, a current ratio of 1.44 and a quick ratio of 1.66.

Andlauer Healthcare Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were given a $0.12 dividend. The ex-dividend date was Monday, March 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.90%. This is an increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.11. Andlauer Healthcare Group’s dividend payout ratio (DPR) is currently 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.