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Andlauer Healthcare Group Inc
Symbol AND
Shares Issued 18,377,054
Close 2025-04-25 C$ 53.18
Market Cap C$ 977,291,732
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Globe says Andlauer Healthcare Group moved to "tender"

2025-04-25 08:05 ET - In the News

The Globe and Mail reports in its Friday, April 25, edition that National Bank Financial analyst Cameron Doerksen moved Andlauer Healthcare Group to a "tender" rating from "sector perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Doerksen gave his share target a $6 boost to $55. Analysts on average target the shares at $50.50. Mr. Doerksen says in a note: "Given the fair price and support of the controlling shareholder, we see deal closure as high but note there could be some regulatory-related risk. We note that there is competitive overlap between UPS and AHG in the dedicated healthcare logistics and distribution side of the business (warehousing, inventory management, etc.) where AHG has 35-per-cent market share of the outsourced component of the market in Canada, and we believe UPS is the second-largest player with an estimated 25- to 30-per-cent share." The Globe reported on Feb. 12 that Mr. Doerksen had reaffirmed his "sector perform" recommendation for Andlauer Healthcare. The shares were then going for $46.65. The Globe reported on Feb. 25 that Stifel analyst Justin Keywood continued to rate Andlauer Healthcare "buy." The shares could then be had for $45.54.

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