Andlauer Healthcare Group (TSE:AND) Shares Up 27.1% on Analyst Upgrade

Shares of Andlauer Healthcare Group Inc. (TSE:AND - Get Free Report) rose 27.1% during trading on Friday after Scotiabank raised their price target on the stock from C$43.00 to C$55.00. The stock traded as high as C$53.58 and last traded at C$53.32. Approximately 1,255,518 shares changed hands during trading, an increase of 2,472% from the average daily volume of 48,818 shares. The stock had previously closed at C$41.96.

Several other equities research analysts have also recently weighed in on the stock. Stifel Nicolaus boosted their price target on shares of Andlauer Healthcare Group from C$50.00 to C$52.00 in a research report on Monday, February 24th. National Bankshares boosted their price objective on shares of Andlauer Healthcare Group from C$45.00 to C$49.00 and gave the stock a "sector perform" rating in a research note on Tuesday, February 11th. Finally, TD Securities cut Andlauer Healthcare Group from a "buy" rating to a "sell" rating and raised their price objective for the stock from C$51.00 to C$55.00 in a research report on Friday. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of C$50.57.

Andlauer Healthcare Group Stock Up 0.1 %

The company has a quick ratio of 1.66, a current ratio of 1.44 and a debt-to-equity ratio of 39.31. The firm's fifty day moving average is C$41.13 and its 200-day moving average is C$42.60. The stock has a market capitalization of C$2.12 billion, a PE ratio of 32.10 and a beta of 0.66.

Andlauer Healthcare Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.90%. This is a boost from Andlauer Healthcare Group's previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Monday, March 31st. Andlauer Healthcare Group's dividend payout ratio is presently 24.09%.

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.