Andlauer Healthcare Group (TSE:AND) Price Target Cut to C$45.00 by Analysts at Royal Bank of Canada

Posted by Defense World Staff on Aug 5th, 2023

Andlauer Healthcare Group (TSE:AND – Get Free Report) had its price target reduced by equities research analysts at Royal Bank of Canada from C$46.00 to C$45.00 in a research report issued to clients and investors on Thursday, BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. Royal Bank of Canada’s target price suggests a potential upside of 9.57% from the company’s current price.

AND has been the subject of several other research reports. TD Securities reduced their price target on shares of Andlauer Healthcare Group from C$58.00 to C$56.00 and set a “buy” rating for the company in a research report on Thursday. Scotiabank reduced their target price on shares of Andlauer Healthcare Group from C$55.00 to C$52.00 in a report on Monday, May 8th. CIBC reduced their target price on shares of Andlauer Healthcare Group from C$54.00 to C$50.00 in a report on Friday, May 5th. Finally, National Bankshares dropped their price target on Andlauer Healthcare Group from C$60.00 to C$58.75 and set an “outperform” rating for the company in a research note on Friday, May 5th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Andlauer Healthcare Group has an average rating of “Moderate Buy” and an average target price of C$55.54.

Andlauer Healthcare Group Price Performance

AND opened at C$41.07 on Thursday. The company has a debt-to-equity ratio of 35.03, a quick ratio of 1.66 and a current ratio of 2.23. The stock has a market capitalization of C$824.27 million, a P/E ratio of 23.07 and a beta of 0.68. The company’s 50-day simple moving average is C$44.20 and its two-hundred day simple moving average is C$46.80. Andlauer Healthcare Group has a 52-week low of C$40.90 and a 52-week high of C$55.97.

Andlauer Healthcare Group (TSE:AND – Get Free Report) last posted its earnings results on Wednesday, May 3rd. The company reported C$0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.42 by C($0.03). The business had revenue of C$164.77 million for the quarter, compared to analyst estimates of C$156.35 million. As a group, analysts predict that Andlauer Healthcare Group will post 1.6252955 EPS for the current year.

Insider Activity

In other news, Director Ronald Martin Skelton sold 5,000 shares of the stock in a transaction that occurred on Thursday, May 18th. The stock was sold at an average price of C$48.41, for a total transaction of C$242,049.00. Corporate insiders own 1.38% of the company’s stock.

Andlauer Healthcare Group Company Profile

(Get Free Report)

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.