Analyst Activity – Scotiabank Raises Its Price Target On Alaris Royalty Corp. (TSE:AD) to C$27.00

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

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Today, Scotiabank raised its price target on Alaris Royalty Corp. (TSE:AD) to C$27.00 per share.

There are 6 hold ratings, 4 buy ratings on the stock.

The current consensus rating on Alaris Royalty Corp. (TSE:AD) is Hold (Score: 2.40) with a consensus target price of C$26.00 per share, a potential .

Some recent analyst ratings include

  • 1/13/2017-CIBC was Downgraded by analysts at CIBC from a “Outperform ” rating to a ” Neutral” rating.
  • 1/13/2017-Royal Bank of Canada was Downgraded by analysts at Royal Bank of Canada from a “Outperform ” rating to a ” Sector Perform” rating. They now have a C$24.00 price target on the stock.
  • 12/12/2016-Raymond James Financial, Inc. was Downgraded by analysts at Raymond James Financial, Inc. from a “Outperform ” rating to a ” Market Perform” rating.
  • 12/7/2016-Desjardins Reiterated Rating of Buy.

    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 22.27 down -0.36 -1.61% with 119,484 shares trading hands.

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