Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Stock Has Average Target Price of C$27.53

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) has been assigned a consensus recommendation of “Moderate Buy” from the nine analysts that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is C$27.72.

Several analysts recently issued reports on the company. Desjardins increased their target price on Alaris Equity Partners Income Trust (AD.UN) from C$27.50 to C$28.00 and gave the stock a “buy” rating in a research report on Wednesday. National Bank Financial boosted their price target on Alaris Equity Partners Income Trust (AD.UN) from C$30.50 to C$31.50 and gave the stock an “outperform” rating in a report on Wednesday. ATB Cormark Capital Markets upped their price target on Alaris Equity Partners Income Trust (AD.UN) from C$29.00 to C$32.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Stifel Nicolaus increased their price objective on shares of Alaris Equity Partners Income Trust (AD.UN) from C$26.00 to C$27.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Canaccord Genuity Group lifted their price objective on shares of Alaris Equity Partners Income Trust (AD.UN) from C$30.00 to C$30.25 and gave the company a “buy” rating in a research report on Wednesday.

Alaris Equity Partners Income Trust (AD.UN) Trading Up 1.7%

Shares of AD.UN stock opened at C$23.87 on Wednesday. The company has a debt-to-equity ratio of 6.33, a quick ratio of 2.36 and a current ratio of 0.60. The stock has a fifty day simple moving average of C$24.28 and a two-hundred day simple moving average of C$23.43. The firm has a market capitalization of C$1.09 billion, a PE ratio of 7.28, a PEG ratio of 0.80 and a beta of 1.14. Alaris Equity Partners Income Trust has a 52-week low of C$17.92 and a 52-week high of C$26.31.

About Alaris Equity Partners Income Trust (AD.UN)

Alaris’ investment and investing activity refers to providing, through the Acquisition Entities, structured equity to private companies (‘ Partners ‘) to meet their business and capital objectives, which includes management buyouts, dividend recapitalization, growth and acquisitions. Alaris achieves this by investing its unitholder capital, as well as debt, through the Acquisition Entities, in exchange for distributions, dividends or interest (collectively, ‘ Distributions ‘) as well as capital appreciation on both preferred and common equity.