Cormark Boosts Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Price Target to C$21.00

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) had its target price hoisted by Cormark from C$20.50 to C$21.00 in a research note issued to investors on Tuesday morning, BayStreet.CA reports.

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

Alaris Equity Partners Income Trust (AD.UN) stock opened at C$16.22 on Tuesday. Alaris Equity Partners Income Trust has a 12-month low of C$12.56 and a 12-month high of C$17.60. The firm has a 50-day moving average price of C$15.96 and a 200-day moving average price of C$16.23. The firm has a market capitalization of C$738.01 million, a PE ratio of 3.75, a price-to-earnings-growth ratio of 0.80 and a beta of 2.10. The company has a current ratio of 0.66, a quick ratio of 2.36 and a debt-to-equity ratio of 6.42.

Alaris Equity Partners Income Trust (AD.UN) 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.