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

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

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

Andersen Group Price Performance

Shares of Andersen Group stock opened at $20.77 on Monday. Andersen Group has a fifty-two week low of $18.12 and a fifty-two week high of $27.51.

Hedge Funds Weigh In On Andersen Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ANDG. Teacher Retirement System of Texas acquired a new position in shares of Andersen Group during the 4th quarter worth about $4,278,000. PNC Financial Services Group Inc. acquired a new position in Andersen Group during the fourth quarter valued at approximately $215,000. Royce & Associates LP acquired a new stake in Andersen Group in the fourth quarter worth $19,948,000. Seven Grand Managers LLC bought a new position in shares of Andersen Group during the fourth quarter worth $12,965,000. Finally, Goldman Sachs Group Inc. acquired a new position in shares of Andersen Group in the 4th quarter valued at $10,420,000.

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.