Alaris Royalty (OTCMKTS:ALARF) Upgraded by CIBC to “Buy”

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CIBC upgraded shares of Alaris Royalty (OTCMKTS:ALARF) to a buy rating in a research note issued to investors on Friday morning, TipRanks reports.

Alaris Royalty stock opened at $15.35 on Friday. Alaris Royalty has a twelve month low of $11.96 and a twelve month high of $16.06. The company’s 50 day moving average is $14.29.

Alaris Royalty Company Profile

Alaris Royalty Corp. is a private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments. The firm does not invest in turnarounds and start-ups. It prefers to invest in the companies based in all industries except for those with a declining asset base, such as oil and gas resource companies, or any industry that carry the risk of obsolescence such as high tech and focuses on business services, professional services, information services, healthcare services, distribution & logistics, industrials, consumer products.

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