Cormark Increases 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 report released on Tuesday, BayStreet.CA reports.

Alaris Equity Partners Income Trust (AD.UN) Trading Up 0.2 %

AD.UN traded up C$0.03 during trading hours on Tuesday, reaching C$16.25. The company’s stock had a trading volume of 28,433 shares, compared to its average volume of 54,799. Alaris Equity Partners Income Trust has a fifty-two week low of C$12.56 and a fifty-two week high of C$17.60. The stock has a market cap of C$739.38 million, a PE ratio of 3.75, a P/E/G ratio of 0.80 and a beta of 2.10. The business’s 50-day moving average is C$15.97 and its 200-day moving average is C$16.23. The company has a debt-to-equity ratio of 6.42, a current ratio of 0.66 and a quick ratio of 2.36.

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.