Andersen Group (NYSE:ANDG) Price Target Raised to $57.00

Andersen Group (NYSE:ANDG) had its target price hoisted by Robert W. Baird from $44.00 to $57.00 in a research note issued to investors on Thursday, MarketBeat reports. Robert W. Baird currently has an outperform rating on the stock.

ANDG has been the topic of a number of other research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $41.00 target price on shares of Andersen Group in a research note on Wednesday, May 13th. UBS Group raised their price target on Andersen Group from $34.00 to $42.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Wells Fargo & Company boosted their price target on Andersen Group from $25.00 to $38.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 13th. Truist Financial upped their price objective on Andersen Group from $42.00 to $55.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Weiss Ratings raised Andersen Group from a “sell (e)” rating to a “sell (e+)” rating in a research note on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $52.17.

Andersen Group Stock Performance

Shares of ANDG opened at $48.82 on Thursday. Andersen Group has a 12-month low of $18.12 and a 12-month high of $50.76. The stock has a market cap of $5.51 billion and a P/E ratio of 287.19. The company has a current ratio of 2.19, a quick ratio of 2.36 and a debt-to-equity ratio of 7.82. The company has a 50-day moving average of $41.84 and a two-hundred day moving average of $33.43.

Andersen Group (NYSE:ANDG) last released its quarterly earnings results on Wednesday, August 12th. The company reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.16) by $0.07. The business had revenue of $217.66 million during the quarter. As a group, research analysts predict that Andersen Group will post 0.73 EPS for the current fiscal year.

Insider Activity at Andersen Group

In other news, Director Robert V. Gunderson, Jr. bought 2,367 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were purchased at an average price of $35.82 per share, for a total transaction of $84,785.94. Following the completion of the transaction, the director owned 15,000 shares in the company, valued at $537,300. The trade was a 18.74% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Durable Capital Partners Lp sold 336,736 shares of the firm’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $40.01, for a total transaction of $13,472,807.36. Following the sale, the insider owned 1,333,749 shares in the company, valued at approximately $53,363,297.49. This trade represents a 20.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 13.00% of the company’s stock.

Institutional Investors Weigh In On Andersen Group

Hedge funds and other institutional investors have recently made changes to their positions in the business. Wells Fargo & Company MN purchased a new stake in shares of Andersen Group in the fourth quarter valued at $46,000. PNC Financial Services Group Inc. purchased a new position in Andersen Group during the fourth quarter worth about $215,000. Barclays PLC purchased a new position in Andersen Group during the fourth quarter worth about $218,000. Voloridge Investment Management LLC acquired a new stake in Andersen Group in the 4th quarter worth about $259,000. Finally, XTX Topco Ltd purchased a new stake in Andersen Group in the 4th quarter valued at about $269,000.

Key Stories Impacting Andersen Group

Here are the key news stories impacting Andersen Group this week:

• Positive Sentiment: Strong second-quarter performance: Andersen reported record Q2 revenue of $217.7 million and adjusted EPS of negative $0.09, beating the consensus estimate of negative $0.16. The results indicate better-than-expected profitability despite the reported loss. Andersen Group earnings report
• Positive Sentiment: Full-year outlook reaffirmed: Management maintained its 2026 revenue forecast of $980 million to $1 billion and adjusted EBITDA margin guidance of 22% to 23%, reducing concerns about a near-term deterioration in operating performance. Andersen reaffirms 2026 guidance
• Positive Sentiment: Analysts raised targets: Robert W. Baird increased its target from $44 to $57 and upgraded or maintained an “outperform” view, while Truist lifted its target from $42 to $55 and kept a “buy” rating. These revisions suggest improving confidence in Andersen’s earnings trajectory. Analyst price-target changes
• Neutral Sentiment: More cautious analyst view: Wells Fargo raised its target from $38 to $49 but retained an “equal weight” rating, implying limited expected upside from recent levels and a more balanced risk-reward assessment. Wells Fargo Andersen Group coverage
• Neutral Sentiment: Growth mix bears watching: The company said inorganic revenue growth is slowing. While overall guidance was reaffirmed, investors may monitor whether acquisition-related growth moderates further. Q2 2026 earnings call transcript

Andersen Group Company Profile

Our mission is to deliver exceptional client service grounded in integrity, transparency, and excellence. Since our founding in 2002, we have experienced rapid and sustained growth, powered by our people, our values and our relentless commitment to innovative, client-focused solutions. Building on the rich traditions and culture of the former Arthur Andersen, we are driven by a bold vision to lead in a complex global marketplace, creating lasting value for our clients, our people and our investors.