Analysts Set Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Price Target at C$27.53

Shares of Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) have been given an average rating of “Moderate Buy” by the seven brokerages that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is C$27.53.

A number of research firms recently commented on AD.UN. Canaccord Genuity Group boosted their price target on Alaris Equity Partners Income Trust (AD.UN) from C$27.50 to C$30.00 in a report on Monday, August 10th. ATB Cormark Capital Markets lifted their price objective on shares of Alaris Equity Partners Income Trust (AD.UN) from C$29.00 to C$32.00 and gave the company an “outperform” rating in a research report on Wednesday, July 22nd. National Bank Financial boosted their target price on shares of Alaris Equity Partners Income Trust (AD.UN) from C$28.00 to C$30.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. Raymond James Financial raised their target price on shares of 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. Finally, Desjardins upped their price objective on Alaris Equity Partners Income Trust (AD.UN) from C$27.00 to C$27.50 and gave the company a “buy” rating in a research report on Friday, August 7th.

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

Shares of TSE:AD.UN opened at C$25.28 on Tuesday. The company has a debt-to-equity ratio of 6.33, a current ratio of 0.60 and a quick ratio of 2.36. Alaris Equity Partners Income Trust has a 1-year low of C$17.92 and a 1-year high of C$26.31. The company has a market capitalization of C$1.15 billion, a P/E ratio of 7.71, a P/E/G ratio of 0.80 and a beta of 1.21. The firm’s 50 day simple moving average is C$24.56 and its two-hundred day simple moving average is C$22.99.

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) 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 firm had revenue of C$37.37 million for the quarter. Research analysts expect that Alaris Equity Partners Income Trust will post 1.9300847 EPS for the current fiscal year.

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.