BMO Capital Initiates Coverage of Andersen Group at Market Perform
Fintel reports that on September 8, 2026, BMO Capital initiated coverage of Andersen Group (NYSE:ANDG) with a Market Perform recommendation.
Prior to this rating action, the stock closed at $56.26 on September 4, 2026. This latest close represents a price change of +0.97% over one week, relative to a baseline close of $55.72 on August 28, 2026. Over a one-month period, the stock experienced a price change of +15.79% from a baseline close of $48.59 on August 4, 2026. Andersen Group reported its latest earnings on August 12, 2026, with an actual EPS of 0.35, which exceeded the estimated EPS of 0.1224, representing an earnings surprise of +185.95%. The company's actual revenue for the period was $217,658,000,000,000.00, compared to the estimated revenue of $203,296,200,000,000.00.
As of August 28, 2026, the current consensus target mean for the stock was $55.93, and the median target was $56.61, representing an implied change of -0.59% from the pre-action close. This consensus target mean reflects a revision of +35.39% from the prior consensus target mean of $41.31 recorded on August 4, 2026. In terms of aggregate analyst recommendations, the current period as of September 1, 2026, shows a total of 13 recommendations, consisting of 4 strong buy, 6 buy, 3 hold, 0 sell, and 0 strong sell ratings. This distribution remains unchanged from the prior recommendation period on August 1, 2026, which also recorded 13 total recommendations with 4 strong buy, 6 buy, 3 hold, 0 sell, and 0 strong sell ratings. The positive recommendation percentage stands at 76.9%, with hold recommendations at 23.1% and negative recommendations at 0.0%.
Other recent analyst actions include Baird maintaining an Outperform rating on August 31, 2026, after previously maintaining an Outperform rating on August 13, 2026. On August 13, 2026, Morgan Stanley maintained its Equal-Weight rating, Wells Fargo maintained its Equal-Weight rating, and Truist Securities maintained its Buy rating.
Recent analyst actions
| Date | Analyst | Prior | Latest recommendation | Action |
|---|---|---|---|---|
| September 8, 2026 | BMO Capital | Market Perform | initiated coverage | |
| August 31, 2026 | Baird | Outperform | Outperform | maintained |
| August 13, 2026 | Morgan Stanley | Equal-Weight | Equal-Weight | maintained |
| August 13, 2026 | Wells Fargo | Equal-Weight | Equal-Weight | maintained |
| August 13, 2026 | Truist Securities | Buy | Buy | maintained |
| August 13, 2026 | Baird | Outperform | Outperform | maintained |
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This story originally appeared on Fintel.