Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Receives Average Recommendation of “Moderate Buy” from Brokerages

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN – Get Free Report) has been given a consensus rating of “Moderate Buy” by the nine ratings firms that are covering the stock, Marketbeat Ratings 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 brokerages that have issued a report on the stock in the last year is C$27.72.

Several research analysts recently weighed in on the company. ATB Cormark Capital Markets increased 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. Desjardins boosted their price target 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 note on Wednesday, September 30th. National Bank Financial increased their price target on shares of Alaris Equity Partners Income Trust (AD.UN) from C$30.50 to C$31.50 and gave the stock an “outperform” rating in a research report on Wednesday, September 30th. Stifel Nicolaus raised 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 research note on Wednesday, September 30th. 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 report on Wednesday, September 30th.

View Our Latest Analysis on Alaris Equity Partners Income Trust (AD.UN)

Alaris Equity Partners Income Trust (AD.UN) Stock Performance

Shares of AD.UN stock opened at C$23.87 on Wednesday. The company’s 50-day moving average price is C$24.28 and its 200-day moving average price is C$23.46. Alaris Equity Partners Income Trust has a twelve month low of C$17.92 and a twelve month high of C$26.31. The company has a current ratio of 0.60, a quick ratio of 2.36 and a debt-to-equity ratio of 6.33. The stock has a market cap of C$1.21 billion, a price-to-earnings ratio of 7.28, a PEG ratio of 0.80 and a beta of 1.14.

Alaris Equity Partners Income Trust (AD.UN) Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN)

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