Royal Bank of Canada Trims Andlauer Healthcare Group (TSE:AND) Target Price to C$41.00

Andlauer Healthcare Group (TSE:AND) had its price objective lowered by investment analysts at Royal Bank of Canada from C$43.00 to C$41.00 in a research note issued to investors on Monday, BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. Royal Bank of Canada’s target price points to a potential upside of 1.86% from the stock’s current price.

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

Andlauer Healthcare Group Stock Performance

Shares of Andlauer Healthcare Group stock traded down C$0.80 on Monday, hitting C$40.25. 42,253 shares of the company’s stock were exchanged, compared to its average volume of 26,213. The company has a 50-day simple moving average of C$42.09 and a 200-day simple moving average of C$40.48. The company has a debt-to-equity ratio of 27.24, a quick ratio of 1.66 and a current ratio of 2.52. Andlauer Healthcare Group has a 1 year low of C$36.76 and a 1 year high of C$48.80. The stock has a market capitalization of C$784.07 million, a PE ratio of 25.97 and a beta of 0.69.

Andlauer Healthcare Group (TSE:AND) last issued 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 company 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 year.

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.