Andersen Group Inc. (NYSE:ANDG) Given Consensus Recommendation of “Buy” by Analysts

Andersen Group Inc. (NYSE:ANDG) has been assigned an average recommendation of “Buy” from the six ratings firms that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a strong buy recommendation to the company.

Several equities analysts have recently weighed in on the company. Zacks Research upgraded Andersen Group to a “hold” rating in a report on Tuesday, January 13th. UBS Group upgraded Andersen Group to a “strong-buy” rating in a research note on Monday, January 12th. William Blair upgraded Andersen Group to a “strong-buy” rating in a research note on Monday, January 12th. Robert W. Baird raised shares of Andersen Group to a “strong-buy” rating in a research note on Monday, January 12th. Finally, Wells Fargo & Company raised shares of Andersen Group to a “hold” rating in a research report on Monday, January 12th.

Hedge Funds Weigh In On Andersen Group

A number of institutional investors have recently bought and sold shares of ANDG. JPMorgan Chase & Co. acquired a new position in shares of Andersen Group during the 4th quarter worth approximately $45,987,000. J. Goldman & Co LP acquired a new position in shares of Andersen Group in the fourth quarter valued at $30,079,000. Brown Advisory Inc. bought a new position in shares of Andersen Group in the fourth quarter valued at about $29,365,000. Franklin Resources Inc. acquired a new stake in shares of Andersen Group during the 4th quarter worth about $25,864,000. Finally, Royce & Associates LP bought a new stake in shares of Andersen Group during the 4th quarter worth about $19,948,000.

Andersen Group Stock Up 5.2%

Andersen Group stock opened at $24.59 on Friday. Andersen Group has a 1-year low of $18.12 and a 1-year high of $27.51. The company has a fifty day simple moving average of $22.29.

About Andersen Group

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.