Alaris Equity Partners Income Trust (AD.UN) (AD.UN.TO) – What Are Investment Firms Thinking About This Stock?

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

Several research firms have recently commented on AD.UN. Desjardins boosted their target price on shares of 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, September 30th. Canaccord Genuity Group upped their price target on Alaris Equity Partners Income Trust (AD.UN) from C$30.00 to C$30.25 and gave the stock a “buy” rating in a report on Wednesday, September 30th. National Bank Financial increased their price objective on shares of Alaris Equity Partners Income Trust (AD.UN) from C$30.50 to C$31.50 and gave the company an “outperform” rating in a research note on Wednesday, September 30th. ATB Cormark Capital Markets boosted their price objective 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 report on Wednesday, July 22nd. Finally, Stifel Nicolaus boosted their target price 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 research note on Wednesday, September 30th.

Alaris Equity Partners Income Trust (AD.UN) Trading Down 0.5%

Shares of Alaris Equity Partners Income Trust (AD.UN) stock opened at C$23.08 on Friday. The stock has a market capitalization of C$1.17 billion, a PE ratio of 7.04, a price-to-earnings-growth ratio of 0.80 and a beta of 1.10. Alaris Equity Partners Income Trust has a 52 week low of C$18.85 and a 52 week high of C$26.31. The stock has a 50 day moving average price of C$23.60 and a two-hundred day moving average price of C$23.11. The company has a debt-to-equity ratio of 6.33, a quick ratio of 2.36 and a current ratio of 0.60.

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.