The stock of Alaris Royalty Corp. (TSE:AD) is a huge mover today! About 52,546 shares traded hands. Alaris Royalty Corp. (TSE:AD) has declined 30.86% since April 7, 2016 and is downtrending. It has underperformed by 37.00% the S&P500.
The move comes after 5 months negative chart setup for the $713.17M company. It was reported on Nov, 11 by Barchart.com. We have $18.38 PT which if reached, will make TSE:AD worth $42.79M less.
Alaris Royalty Corp. (TSE:AD) Ratings Coverage
Out of 6 analysts covering Alaris Royalty Corp (TSE:AD), 5 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 83% are positive. $38 is the highest target while $24 is the lowest. The $31.79 average target is 62.61% above today’s ($19.55) stock price. Alaris Royalty Corp has been the topic of 15 analyst reports since August 10, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating by Scotia Capital given on Wednesday, July 20. RBC Capital Markets maintained Alaris Royalty Corp. (TSE:AD) on Wednesday, June 29 with “Sector Perform” rating. RBC Capital Markets maintained the shares of AD in a report on Wednesday, October 12 with “Sector Perform” rating. The firm earned “Buy” rating on Monday, August 10 by Canaccord Genuity. The stock of Alaris Royalty Corp. (TSE:AD) earned “Outperform” rating by RBC Capital Markets on Thursday, November 10. RBC Capital Markets maintained Alaris Royalty Corp. (TSE:AD) rating on Wednesday, July 20. RBC Capital Markets has “Sector Perform” rating and $31 price target. The firm has “Hold” rating by GMP Securities given on Thursday, May 12.
Another recent and important Alaris Royalty Corp. (TSE:AD) news was published by Marketwired.com which published an article titled: “Alaris Royalty Corp. Provides an Update Regarding Agility Health” on November 04, 2016.
Alaris Royalty Corp. is a Canada-based firm providing capital to private businesses . The company has a market cap of $713.17 million. The Company’s activities consist of investments in private operating entities in the form of preferred limited partnership interests, preferred interest in limited liability firms in the United States, or long-term license and royalty arrangements. It has a 10.92 P/E ratio. The Firm is an equity well-known 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.