Andlauer Healthcare Group (TSE:AND) Sets New 52-Week High – Time to Buy?

Andlauer Healthcare Group Inc. (TSE:AND) shares reached a new 52-week high on Tuesday . The company traded as high as C$45.01 and last traded at C$45.00, with a volume of 4104 shares trading hands. The stock had previously closed at C$44.01.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on AND. Scotiabank upped their price objective on shares of Andlauer Healthcare Group from C$43.00 to C$44.00 in a research note on Thursday, November 7th. TD Securities raised their price target on shares of Andlauer Healthcare Group from C$53.00 to C$54.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Andlauer Healthcare Group presently has an average rating of “Moderate Buy” and a consensus target price of C$48.57.

Andlauer Healthcare Group Price Performance

The company has a fifty day moving average price of C$42.91 and a two-hundred day moving average price of C$40.70. The firm has a market capitalization of C$838.32 million, a price-to-earnings ratio of 29.49 and a beta of 0.66. The company has a quick ratio of 1.66, a current ratio of 1.35 and a debt-to-equity ratio of 41.86.

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.