Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) PT Set at C$24.00 by Raymond James Financial

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) received a C$24.00 price target from Raymond James Financial in a research note issued to investors on Tuesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Raymond James Financial’s price target suggests a potential upside of 24.29% from the stock’s current price.

Separately, Desjardins lowered their price target on Alaris Equity Partners Income Trust (AD.UN) from C$26.00 to C$25.00 and set a “buy” rating for the company in a research report on Tuesday, April 29th.

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

Shares of TSE:AD.UN opened at C$19.31 on Tuesday. The business has a fifty day simple moving average of C$18.82 and a 200-day simple moving average of C$19.07. Alaris Equity Partners Income Trust has a 52 week low of C$15.52 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 company has a market cap of C$878.61 million, a P/E ratio of 4.30, a P/E/G ratio of 0.80 and a beta of 2.08.

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.