Alaris Royalty (AD) has received a rating update from a Wall Street analyst today. Analyst Daryl Swetlishoff from Raymond James reiterated a Hold rating, with a C$18.50 price target.
According to TipRanks.com, Swetlishoff is ranked #5092 out of 5194 analysts.
Currently, the analyst consensus on Alaris Royalty is a Moderate Buy with an average price target of C$21.86.
Alaris Royalty’s market cap is currently C$659.5M and has a P/E ratio of 10.8. The company has a Price to Book ratio of 1.04.
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 on Tuesday at C$18.50.
