Andlauer Healthcare Group (TSE:AND) Price Target Cut to C$41.00

Andlauer Healthcare Group (TSE:AND) had its price objective lowered by research analysts at Royal Bank of Canada from C$43.00 to C$41.00 in a report issued on Monday, BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. Royal Bank of Canada’s price objective would suggest a potential upside of 1.03% from the stock’s current price.

Other analysts have also issued research reports about the stock. Scotiabank increased their price target on shares of Andlauer Healthcare Group from C$45.00 to C$47.50 and gave the stock a “sector perform” rating in a research report on Thursday, March 7th. CIBC raised their target price on Andlauer Healthcare Group from C$50.00 to C$52.00 and gave the company an “outperform” rating in a report on Thursday, March 7th. Eight Capital lowered their price target on Andlauer Healthcare Group from C$62.00 to C$58.00 and set a “buy” rating for the company in a report on Thursday, March 7th. National Bankshares raised their price objective on Andlauer Healthcare Group from C$46.00 to C$47.00 and gave the company a “sector perform” rating in a research note on Thursday, March 7th. Finally, TD Securities lowered their target price on Andlauer Healthcare Group from C$54.00 to C$52.00 and set a “buy” rating for the company in a research note on Monday. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Andlauer Healthcare Group currently has a consensus rating of “Moderate Buy” and a consensus price target of C$49.43.

Andlauer Healthcare Group Stock Performance

TSE:AND opened at C$40.58 on Monday. The company has a market cap of C$790.50 million, a price-to-earnings ratio of 26.18 and a beta of 0.69. Andlauer Healthcare Group has a fifty-two week low of C$36.76 and a fifty-two week high of C$48.80. The company has a debt-to-equity ratio of 27.24, a quick ratio of 1.66 and a current ratio of 2.52. The stock has a fifty day moving average price of C$42.10 and a 200-day moving average price of C$40.51.

Andlauer Healthcare Group (TSE:AND) last posted its quarterly earnings data on Tuesday, March 5th. The company reported C$0.44 earnings per share for the quarter, missing the consensus estimate of C$0.49 by C($0.05). The firm had revenue of C$169.07 million for the quarter, compared to the consensus estimate of C$165.00 million. Andlauer Healthcare Group had a return on equity of 14.53% and a net margin of 10.21%. As a group, equities analysts anticipate that Andlauer Healthcare Group will post 1.8439434 EPS for the current fiscal year.

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.