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

Shares of Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) have been given an average rating of “Moderate Buy” by the nine ratings firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is C$27.72.

AD.UN has been the topic of several research reports. 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 company an “outperform” rating in a research note on Wednesday, September 30th. Stifel Nicolaus upped their price target on 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, September 30th. Canaccord Genuity Group raised their price objective 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 research report on Wednesday, September 30th. Desjardins raised their price objective 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, September 30th. Finally, ATB Cormark Capital Markets lifted 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 report on Wednesday, July 22nd.

Alaris Equity Partners Income Trust (AD.UN) Stock Down 0.1%

Shares of AD.UN opened at C$23.29 on Friday. 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 company has a 50-day simple moving average of C$23.77 and a 200-day simple moving average of C$23.74. Alaris Equity Partners Income Trust has a 52 week low of C$18.85 and a 52 week high of C$26.31. The firm has a market capitalization of C$1.18 billion, a P/E ratio of 7.10, a P/E/G ratio of 0.80 and a beta of 1.10.

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

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.