Desjardins Issues Positive Forecast for Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Stock Price

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) had its price target hoisted by Desjardins from C$24.50 to C$25.00 in a research note published on Thursday,BayStreet.CA reports. They currently have a buy rating on the stock.

Separately, Royal Bank Of Canada set a C$20.00 price objective on Alaris Equity Partners Income Trust (AD.UN) and gave the company a “sector perform” rating in a report on Wednesday, October 1st. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of C$24.40.

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

AD.UN opened at C$19.59 on Thursday. The business has a fifty day moving average of C$18.85 and a 200 day moving average of C$18.81. Alaris Equity Partners Income Trust has a 52-week low of C$16.58 and a 52-week high of C$20.68. 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 stock has a market cap of C$889.80 million, a P/E ratio of 6.78, a PEG ratio of 0.80 and a beta of 1.34.

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.