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

Key Points

• Analyst sentiment is positive: Nine research firms give Alaris Equity Partners Income Trust an average “Moderate Buy” rating, with eight buys and one hold. The average 12-month price target is C$27.72.
• Several firms recently raised their price targets, including ATB Cormark to C$32.00, National Bank Financial to C$31.50, and Canaccord Genuity to C$30.25.
• The stock opened at C$23.29 and has a market capitalization of approximately C$1.18 billion, a P/E ratio of 7.10, and a one-year trading range of C$18.85 to C$26.31.

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN - Get Free Report) has been given an average recommendation of "Moderate Buy" by the nine research firms that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$27.72.

A number of research firms have recently issued reports on AD.UN. ATB Cormark Capital Markets boosted their price target 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 report on Wednesday, July 22nd. 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. Desjardins increased 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 report on Wednesday, September 30th. Stifel Nicolaus lifted 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. 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 research note on Wednesday, September 30th.

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

TSE AD.UN opened at C$23.29 on Friday. The stock's 50-day moving average price is C$23.77 and its two-hundred day moving average price is C$23.74. 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 company has a market cap of C$1.18 billion, a PE ratio of 7.10, a PEG ratio of 0.80 and a beta of 1.10. Alaris Equity Partners Income Trust has a 1 year low of C$18.85 and a 1 year high of C$26.31.

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.

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