Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Price Target Raised to C$26.00

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) had its target price boosted by Cormark from C$24.00 to C$26.00 in a research note released on Wednesday morning,BayStreet.CA reports.

Separately, CIBC upped their price objective on Alaris Equity Partners Income Trust (AD.UN) from C$24.00 to C$27.00 and gave the stock an “outperform” rating in a research note on Wednesday.

Alaris Equity Partners Income Trust (AD.UN) Trading Down 1.6 %

TSE:AD.UN opened at C$19.21 on Wednesday. Alaris Equity Partners Income Trust has a twelve month low of C$15.08 and a twelve month high of C$19.97. 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 business has a 50 day moving average price of C$18.92 and a two-hundred day moving average price of C$17.23. The company has a market cap of C$874.06 million, a P/E ratio of 4.28, a price-to-earnings-growth ratio of 0.80 and a beta of 2.08.

Insider Transactions at Alaris Equity Partners Income Trust (AD.UN)

In related news, Senior Officer Matthew Mcintyre sold 5,419 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of C$19.00, for a total value of C$102,961.00. Company insiders own 2.23% of the company’s stock.

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

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.