Royal Bank of Canada Raises Andlauer Healthcare Group (TSE:AND) Price Target to C$50.00

Andlauer Healthcare Group (TSE:AND) had its target price increased by Royal Bank of Canada from C$46.00 to C$50.00 in a research report report published on Thursday morning, Price reports. The firm currently has an outperform rating on the stock.

Other analysts also recently issued research reports about the company. CIBC upped their target price on Andlauer Healthcare Group from C$45.00 to C$47.00 in a research note on Friday, February 26th. National Bank Financial upped their price target on Andlauer Healthcare Group from C$36.25 to C$38.00 and gave the stock a sector perform rating in a report on Wednesday, February 24th. Finally, Scotiabank upped their price target on Andlauer Healthcare Group from C$38.50 to C$40.00 in a report on Thursday, February 25th.

Shares of AND opened at C$37.22 on Thursday. Andlauer Healthcare Group has a 52 week low of C$29.26 and a 52 week high of C$50.00. The company has a quick ratio of 1.84, a current ratio of 1.92 and a debt-to-equity ratio of 137.41. The company has a market capitalization of C$1.43 billion and a price-to-earnings ratio of 37.98. The stock’s 50-day moving average price is C$36.90 and its 200-day moving average price is C$38.03.

Andlauer Healthcare Group (TSE:AND) last issued its earnings results on Wednesday, February 24th. The company reported C$0.36 EPS for the quarter, topping analysts’ consensus estimates of C$0.25 by C$0.11. The company had revenue of C$86.63 million during the quarter, compared to analysts’ expectations of C$87.40 million. As a group, equities analysts anticipate that Andlauer Healthcare Group will post 1.27 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, April 15th. Shareholders of record on Wednesday, March 31st were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Tuesday, March 30th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.54%. Andlauer Healthcare Group’s payout ratio is currently 20.41%.

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. It operates in two segments, Specialized Transportation and Healthcare Logistics. The company provides specialized temperature controlled services; and ground transportation services, including less-than-truckload and courier services; and air freight forwarding, and dedicated and last mile delivery services.

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