Alaris Royalty (AD) Gets a Buy Rating from GMP FirstEnergy


Yesterday, an analyst has provided a rating update for the Financial sector company, Alaris Royalty (AD). Analyst Anoop Prihar from GMP FirstEnergy remains bullish on the stock and has a C$22 price target.

Prihar has an average return of 5.7% when recommending Alaris Royalty.

According to TipRanks.com, Prihar is ranked #4371 out of 5194 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Alaris Royalty with a C$21.71 average price target.

Alaris Royalty’s market cap is currently C$674.5M and has a P/E ratio of 10.8. The company has a Price to Book ratio of 1.06.

Alaris Royalty Corp. is an investment company, which engages in the provision of alternative financing to profitable and well-managed private businesses. The company was founded by Clayton H. Riddell and Stephen Reid on May 23, 2006 and is headquartered in Calgary, Canada.

The company’s shares closed last Monday at C$18.48.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts