Darren John Driscoll Acquires 1,500 Shares of Alaris Royalty Corp. (AD) Stock
Alaris Royalty Corp. (TSE:AD) insider Darren John Driscoll acquired 1,500 shares of the business’s stock in a transaction on Thursday, November 9th. The stock was acquired at an average price of C$18.82 per share, for a total transaction of C$28,230.00.
Alaris Royalty Corp. (TSE AD) traded down C$0.14 during trading hours on Thursday, hitting C$18.49. 223,140 shares of the stock were exchanged, compared to its average volume of 117,801. Alaris Royalty Corp. has a 1 year low of C$18.35 and a 1 year high of C$24.39.
A number of equities research analysts have recently commented on AD shares. CIBC increased their price target on shares of Alaris Royalty Corp. from C$20.00 to C$23.00 in a report on Friday, September 1st. Raymond James Financial, Inc. cut their price target on shares of Alaris Royalty Corp. from C$23.00 to C$20.00 and set a “market perform” rating on the stock in a report on Wednesday. Scotiabank cut their price target on shares of Alaris Royalty Corp. from C$24.00 to C$23.00 and set an “outperform” rating on the stock in a report on Wednesday. Finally, National Bank Financial increased their price target on shares of Alaris Royalty Corp. from C$24.00 to C$25.00 and gave the company an “outperform” rating in a report on Thursday, July 27th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of C$24.06.
Alaris Royalty Corp. Company Profile
Alaris Royalty Corp. is a Canada-based company providing capital to private businesses (individually, a Private Company Partner and collectively the Partners). The Company’s operations consist of investments in private operating entities in the form of preferred limited partnership interests, preferred interest in limited liability corporations in the United States, or long-term license and royalty arrangements.
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