Alaris Royalty (TSE:AD) had its target price cut by National Bank Financial from C$23.00 to C$20.00 in a research report report published on Monday. They currently have an outperform rating on the stock. National Bank Financial also issued estimates for Alaris Royalty’s Q1 2018 earnings at $0.38 EPS, Q2 2018 earnings at $0.38 EPS, Q3 2018 earnings at $0.42 EPS, Q4 2018 earnings at $0.41 EPS, FY2018 earnings at $1.58 EPS and FY2019 earnings at $1.75 EPS.
Separately, Raymond James Financial cut their price target on Alaris Royalty from C$21.00 to C$20.00 and set a market perform rating on the stock in a research report on Tuesday, March 6th.
Shares of Alaris Royalty (TSE AD) opened at C$18.01 on Monday. The firm has a market capitalization of $657.03, a P/E ratio of 56.28 and a beta of 0.79. Alaris Royalty has a 52 week low of C$17.70 and a 52 week high of C$23.45.
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Alaris Royalty Company Profile
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.
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