Alaris Royalty Corp. (AD) Price Target Cut to C$20.00 by Analysts at Raymond James Financial, Inc.

Alaris Royalty Corp. (TSE:AD) had its price target dropped by investment analysts at Raymond James Financial, Inc. from C$23.00 to C$20.00 in a report issued on Wednesday, November 8th. The brokerage currently has a “market perform” rating on the stock. Raymond James Financial, Inc.’s price objective suggests a potential upside of 8.23% from the company’s previous close.

Several other research analysts have also recently issued reports on the company. CIBC increased their price objective on Alaris Royalty from C$20.00 to C$23.00 in a research report on Friday, September 1st. Scotiabank cut their price objective on Alaris Royalty from C$25.00 to C$24.00 and set an “outperform” rating for the company in a research report on Thursday, September 21st. Finally, National Bank Financial increased their price objective on Alaris Royalty from C$24.00 to C$25.00 and gave the stock an “outperform” rating in a research report on Thursday, July 27th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of C$24.00.

Alaris Royalty (AD) traded down C$0.20 during trading on Wednesday, hitting C$18.48. The stock had a trading volume of 158,714 shares, compared to its average volume of 119,898. Alaris Royalty has a twelve month low of C$17.90 and a twelve month high of C$24.39.

In related news, Director E. Mitchell Shier sold 2,500 shares of the stock in a transaction on Monday, November 20th. The stock was sold at an average price of C$18.44, for a total transaction of C$46,100.00. Also, Director Stephen Walter King acquired 1,400 shares of the firm’s stock in a transaction that occurred on Thursday, November 9th. The shares were bought at an average cost of C$18.89 per share, for a total transaction of C$26,446.00.

COPYRIGHT VIOLATION WARNING: “Alaris Royalty Corp. (AD) Price Target Cut to C$20.00 by Analysts at Raymond James Financial, Inc.” was reported by BBNS and is the property of of BBNS. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of international trademark & copyright laws. The original version of this news story can be read at https://baseballnewssource.com/markets/alaris-royalty-corp-ad-pt-lowered-to-c20-00/1766324.html.

About Alaris Royalty

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.

Analyst Recommendations for Alaris Royalty (TSE:AD)

Receive News & Ratings for Alaris Royalty Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alaris Royalty Corp. and related companies with our FREE daily email newsletter.

 


Latest News

Tigers Trade Ian Kinsler to Angels for Pair of Minor Leaguers
Tigers Trade Ian Kinsler to Angels for Pair of Minor Leaguers
Manny Machado Could Change Positions or Uniforms
Manny Machado Could Change Positions or Uniforms
Jack Morris, Alan Trammel Voted by Modern Era Committee into Hall of Fame
Jack Morris, Alan Trammel Voted by Modern Era Committee into Hall of Fame
Yankees and Marlins Continue Stanton Trade Talks
Yankees and Marlins Continue Stanton Trade Talks
Marlins Making Moves, Trade Dee Gordon to Seattle
Marlins Making Moves, Trade Dee Gordon to Seattle
Report: Astros Dallas Keuchel Pitched With Injured Foot
Report: Astros Dallas Keuchel Pitched With Injured Foot


Leave a Reply

 
© 2006-2017 BBNS.