Shares of Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN – Get Free Report) have been given an average recommendation of “Moderate Buy” by the six research firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among brokers that have covered the stock in the last year is C$26.21.
Several equities analysts recently issued reports on the company. Raymond James Financial boosted their price target on Alaris Equity Partners Income Trust (AD.UN) from C$27.00 to C$27.25 and gave the company an “outperform” rating in a research note on Friday, May 8th. Canadian Imperial Bank of Commerce set a C$25.00 price objective on shares of Alaris Equity Partners Income Trust (AD.UN) and gave the stock an “outperform” rating in a report on Monday, March 23rd. National Bank Financial lifted their target price on shares of Alaris Equity Partners Income Trust (AD.UN) from C$28.00 to C$30.00 and gave the company an “outperform” rating in a research report on Friday. Acumen Capital upped their target price on shares of Alaris Equity Partners Income Trust (AD.UN) from C$26.00 to C$26.50 and gave the company a “buy” rating in a research note on Monday, April 6th. Finally, Desjardins increased their price target on shares of Alaris Equity Partners Income Trust (AD.UN) from C$26.00 to C$26.50 and gave the stock a “buy” rating in a research report on Friday, May 8th.
Get Our Latest Research Report on Alaris Equity Partners Income Trust (AD.UN)
Alaris Equity Partners Income Trust (AD.UN) Stock Performance
Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported C$0.81 EPS for the quarter. Alaris Equity Partners Income Trust (AD.UN) had a net margin of 97.33% and a return on equity of 22.20%. The business had revenue of C$37.37 million during the quarter. Equities analysts forecast that Alaris Equity Partners Income Trust will post 1.9300847 earnings per share for the current fiscal year.
About Alaris Equity Partners Income Trust (AD.UN)
Alaris Equity Partners Income Trust is an open-ended trust. The Trust, through its subsidiaries, indirectly provides alternative financing to private companies (Partners) in exchange for distributions with the principal objective of generating stable and predictable cash flows for payment of distributions to unitholders of the Trust. Distributions from the Partners are adjusted each year based on the percentage change of a top-line financial performance measure such as gross margin and same-store sales and rank in priority to the owner’s common equity position.
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