Andlauer Healthcare Group (TSE:AND) Price Target Lowered to C$45.00 at Scotiabank

Andlauer Healthcare Group (TSE:AND) had its target price trimmed by Scotiabank from C$46.00 to C$45.00 in a report published on Friday, BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

Several other equities analysts also recently weighed in on the company. Stifel Nicolaus dropped their price target on Andlauer Healthcare Group from C$55.00 to C$52.00 and set a buy rating for the company in a research report on Monday, May 6th. Royal Bank of Canada lowered their target price on shares of Andlauer Healthcare Group from C$43.00 to C$41.00 and set a sector perform rating for the company in a research note on Monday, May 6th. TD Securities cut their target price on Andlauer Healthcare Group from C$54.00 to C$52.00 and set a buy rating on the stock in a research note on Monday, May 6th. Finally, CIBC dropped their target price on shares of Andlauer Healthcare Group from C$52.00 to C$50.00 and set an outperform rating on the stock in a report on Monday, May 6th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of Moderate Buy and a consensus price target of C$48.57.

Andlauer Healthcare Group Price Performance

Shares of AND opened at C$41.55 on Friday. The company has a current ratio of 1.94, a quick ratio of 1.66 and a debt-to-equity ratio of 26.06. Andlauer Healthcare Group has a twelve month low of C$36.43 and a twelve month high of C$44.76. The firm has a market capitalization of C$809.39 million, a PE ratio of 27.52 and a beta of 0.69. The stock’s 50 day moving average is C$39.06 and its two-hundred day moving average is C$40.29.

Andlauer Healthcare Group Dividend Announcement

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

Insider Transactions at Andlauer Healthcare Group

In related news, Director Ronald Martin Skelton sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of C$40.87, for a total transaction of C$61,309.95. 1.43% of the stock is currently owned by corporate insiders.

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.