Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN - Get Free Report) has been given a C$24.00 price objective by Raymond James Financial in a research note issued to investors on Tuesday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. Raymond James Financial's price target points to a potential upside of 24.87% from the stock's current price.
Separately, Desjardins dropped their target price on shares of Alaris Equity Partners Income Trust (AD.UN) from C$26.00 to C$25.00 and set a "buy" rating on the stock in a report on Tuesday, April 29th.
View Our Latest Analysis on AD.UN
Alaris Equity Partners Income Trust (AD.UN) Stock Performance
TSE:AD.UN traded down C$0.17 during mid-day trading on Tuesday, reaching C$19.22. The company's stock had a trading volume of 44,251 shares, compared to its average volume of 73,419. 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$874.51 million, a P/E ratio of 4.28, a PEG ratio of 0.80 and a beta of 2.08. The firm's fifty day moving average price is C$18.84 and its two-hundred day moving average price is C$19.07. Alaris Equity Partners Income Trust has a 12-month low of C$15.52 and a 12-month high of C$20.68.
About Alaris Equity Partners Income Trust (AD.UN)
(
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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.
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