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$ANDG

5 stories mentioning ANDGUpdated 36d ago

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Wire

Truist Securities Raises Price Target on Andersen Group to $42 From $32, Maintains Buy Rating

Andersen Group (ANDG) has an average rating of overweight and mean price target of $37.67, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $36.57, Change: $+0.19, Percent Change: +0.52%

$ANDG
Sectors

Sector Update: Financial Stocks Higher Late Afternoon

Financial stocks were advancing in late Wednesday afternoon trading, with the NYSE Financial Index rising 1.5% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.6%.The Philadelphia Housing Index was climbing 2.1%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 1.6%.Bitcoin (BTC-USD) was increasing 0.5% to $81,294, and the yield for 10-year US Treasuries declined 6 basis points to 4.356%.In economic news, employment in the US private sector grew at its fastest pace in more than a year in April, ADP data showed Wednesday, ahead of nonfarm payrolls due later in the week. Private jobs grew by 109,000, representing the fastest growth pace since January 2025, the payrolls processing firm said. The consensus was for 120,000 in a Bloomberg-compiled survey. The March print was revised down to 61,000 from 62,000.In corporate news, JPMorgan Chase (JPM) said it has created an index tracking about 6,400 private US midsize companies with a combined $1 trillion in annual revenue. JPMorgan added 2%.Synchrony Financial (SYF) and Dick's Sporting Goods (DKS) said Wednesday they are relaunching their credit card program. Synchrony shares rose 1.6%.Andersen (ANDG) said Wednesday it has closed the acquisition of six firms in Ireland, New Zealand, Nigeria, and Uruguay, representing about $34.5 million in annualized revenues. Andersen shares increased 1%.Blue Owl Capital-owned (OWL) data center firm Stack Infrastructure is considering a sale of its Asia operations, among other options, Bloomberg reported. The firm has held talks with prospective advisers regarding a partial or 100% sale of the assets in Japan, Australia and Malaysia, the report said. Blue Owl Capital shares were down 3.5%.

$ANDG$JPM$OWL$SYF
Sectors

Sector Update: Financial Stocks Higher Wednesday Afternoon

Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index rising 1.3% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.5%.The Philadelphia Housing Index was climbing 1.9%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 1.5%.Bitcoin (BTC-USD) was increasing 0.7% to $81,508, and the yield for 10-year US Treasuries was shedding 6.2 basis points to 4.35%.In economic news, employment in the US private sector grew at its fastest pace in more than a year in April, ADP data showed Wednesday, ahead of nonfarm payrolls due later in the week. Private jobs grew by 109,000, representing the fastest growth pace since January 2025, the payrolls processing firm said. The consensus was for 120,000 in a Bloomberg-compiled survey. The March print was revised down to 61,000 from 62,000.In corporate news, JPMorgan Chase (JPM) said it has created an index tracking about 6,400 private US midsize companies with a combined $1 trillion in annual revenue. JPMorgan added 1.6%.Synchrony Financial (SYF) and Dick's Sporting Goods (DKS) said Wednesday they are relaunching their credit card program. Synchrony shares rose 1.2%.Andersen (ANDG) said Wednesday it has closed the acquisition of six firms in Ireland, New Zealand, Nigeria, and Uruguay, representing about $34.5 million in annualized revenues. Andersen shares increased 1.2%.

$ANDG$JPM$SYF
Wire

Andersen Group Buys Tax, Consulting Firms in Four Countries

Andersen Group (ANDG) said Wednesday it has closed the acquisition of six firms across Ireland, New Zealand, Nigeria, and Uruguay, representing about $34.5 million in annualized revenues.The expansion includes tax firms in Ireland and New Zealand, a tax and a consulting firm in Nigeria, and a tax and a law firm in Uruguay, the company said.Separately, the company said its previously announced business combination agreement in Canada is expected to close in Q3.Price: $34.04, Change: $-0.78, Percent Change: -2.24%

$ANDG
Wire

UBS Adjusts Price Target on Andersen Group to $34 From $32, Maintains Buy Rating

Andersen Group (ANDG) has an average rating of overweight and mean price target of $31.17, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $29.09, Change: $+0.84, Percent Change: +2.97%

$ANDG

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