Analyst Activity – CIBC Lowers Its Price Target On Alaris Royalty Corp. (TSE:AD) to C$20.00

Analyst Ratings For Alaris Royalty Corp. (TSE:AD)

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Today, CIBC lowered its price target on Alaris Royalty Corp. (TSE:AD) to C$20.00 per share.

There are 6 hold ratings, 3 buy ratings on the stock.

The current consensus rating on Alaris Royalty Corp. (TSE:AD) is Hold (Score: 2.33) with a consensus target price of C$24.07 per share, a potential .

Some recent analyst ratings include

  • 5/9/2017-Desjardins was Downgraded by analysts at Desjardins from a “Buy ” rating to a ” Hold” rating.
  • 3/3/2017-Royal Bank of Canada Reiterated Rating of Sector Perform.

    About Alaris Royalty Corp. (TSE:AD)
    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. The Company is an equity provider to service a niche in the capital market, such as steady growth companies with an entrepreneurial management team, incentivized to grow and maintain control of their business. It forms partnerships with private companies where owners want to maintain control of their business (day-to-day operations, corporate culture and long-term objectives). It participates in the business of its Private Company Partners through non-control equity ownership. The Company’s subsidiaries include Alaris Cooperatief, U.A. and Alaris USA Inc.

    Recent Trading Activity for Alaris Royalty Corp. (TSE:AD)
    Shares of Alaris Royalty Corp. closed the previous trading session at 20.07 down -0.12 -0.59% with 146,932 shares trading hands.

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