Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Price Target Raised to C$27.25 at Raymond James Financial

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) had its target price lifted by Raymond James Financial from C$27.00 to C$27.25 in a report released on Friday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other analysts also recently commented on AD.UN. Royal Bank Of Canada boosted their target price on shares of Alaris Equity Partners Income Trust (AD.UN) from C$21.00 to C$22.00 and gave the stock a “sector perform” rating in a research report on Monday, January 26th. Acumen Capital boosted their target price on shares of Alaris Equity Partners Income Trust (AD.UN) from C$26.00 to C$26.50 and gave the stock a “buy” rating in a research report on Monday, April 6th. Finally, Canadian Imperial Bank of Commerce set a C$25.00 target price on shares of Alaris Equity Partners Income Trust (AD.UN) and gave the stock an “outperform” rating in a research report on Monday, March 23rd. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$25.45.

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

AD.UN stock opened at C$22.87 on Friday. The company has a quick ratio of 2.36, a current ratio of 0.60 and a debt-to-equity ratio of 6.33. The company has a market capitalization of C$1.04 billion, a price-to-earnings ratio of 11.10, a P/E/G ratio of 0.80 and a beta of 1.24. Alaris Equity Partners Income Trust has a 12 month low of C$17.75 and a 12 month high of C$23.02. The firm has a 50 day moving average of C$21.59 and a two-hundred day moving average of C$21.01.

About Alaris Equity Partners Income Trust (AD.UN)

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. Distributions from the Partners are adjusted each year based on the percentage change of a top-line financial performance measure such as gross margin and same-store sales and rank in priority to the owner’s common equity position.