Today, Alaris Royalty Corp. (AD) Receives C$28.36 Average PT from Analysts

Today, Alaris Royalty Corp. (AD) Receives C$28.36 Average PT from Analysts
Alaris Royalty Corp. (TSE:AD) has been given an average recommendation of “Buy” by the nine ratings firms that are currently covering the firm. Three investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is C$28.36.

A number of equities analysts have recently issued reports on AD shares. RBC Capital Markets cut their price objective on shares of Alaris Royalty Corp. from C$28.00 to C$25.00 and set a “sector perform” rating on the stock in a research report on Friday, August 19th. Scotiabank reissued an “outperform” rating and set a C$33.00 price objective on shares of Alaris Royalty Corp. in a research report on Wednesday, October 12th. Canaccord Genuity raised shares of Alaris Royalty Corp. from a “hold” rating to a “buy” rating and cut their price objective for the stock from C$28.00 to C$26.50 in a research report on Tuesday, October 4th. Royal Bank Of Canada reissued a “sector perform” rating and set a C$25.00 price objective on shares of Alaris Royalty Corp. in a research report on Wednesday, October 12th. Finally, Acumen Capital cut their price objective on shares of Alaris Royalty Corp. from C$33.00 to C$30.50 and set a “buy” rating on the stock in a research report on Tuesday, October 4th.

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