Scotiabank restated their outperform rating on shares of Alaris Royalty Corp. (TSE:AD) in a report issued on Wednesday morning. The firm currently has a C$33.00 target price on the stock.
Other equities research analysts have also recently issued reports about the company. Royal Bank Of Canada reiterated a sector perform rating and issued a C$25.00 price objective on shares of Alaris Royalty Corp. in a report on Wednesday, October 12th. Acumen Capital lowered their price objective on Alaris Royalty Corp. from C$33.00 to C$30.50 and set a buy rating on the stock in a report on Tuesday, October 4th. Canaccord Genuity upgraded Alaris Royalty Corp. from a hold rating to a buy rating and lowered their price objective for the stock from C$28.00 to C$26.50 in a report on Tuesday, October 4th. RBC Capital Markets lowered their price objective on Alaris Royalty Corp. from C$28.00 to C$25.00 and set a sector perform rating on the stock in a report on Friday, August 19th. Finally, AltaCorp Capital cut Alaris Royalty Corp. from an outperform rating to a sector perform rating in a report on Thursday, July 28th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of C$29.56.
Shares of Alaris Royalty Corp. (TSE:AD) opened at 20.77 on Wednesday. The stock has a 50 day moving average price of $22.17 and a 200 day moving average price of $26.70. The stock has a market capitalization of $754.70 million and a P/E ratio of 13.76. Alaris Royalty Corp. has a one year low of $20.71 and a one year high of $31.20.