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RBC Capital Markets announced Alaris Royalty Corp. (TSE:AD), stepping up its target to $25.00 earlier today

Alaris Royalty Corp. (TSE:AD) had its target bumped up to $25.00 by RBC Capital Markets in an issued report issued 10/04/2016. The upped price target indicates a possible upside of 0.13% based on the company's last stock close price.

Previously on 6/29/2016, RBC Capital Markets reported about Alaris Royalty Corp. (TSE:AD) raised the target price from $0.00 to $31.00. At the time, this indicated a possible upside of 0.04%.

Yesterday Alaris Royalty Corp. (TSE:AD) traded -1.86% lower at $22.08. The company’s 50-day moving average is $22.68 and its 200-day moving average is $27.12. The last stock close price is down -20.08% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 92,358 shares of Alaris Royalty Corp. traded, down from an avg. volume of 175,381

Recent Performance Chart

Alaris Royalty Corp. (TSE:AD)

Alaris Royalty Corp. has one year low of $21.00 and a one year high of $31.20 with a P/E ratio of 14.36 and has a market cap of $0.

In addition to RBC Capital Markets reporting its stock price target, a total of 10 brokers have issued a research note on the company. The average stock price target is $22.40 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Alaris Royalty Corp. (TSE:AD)

Alaris Royalty Corp. is a Canada-based company providing capital to private businesses (individually, a Private Company Partner and collectively the Partners). The Company's operations consist of investments in private operating entities in the form of preferred limited partnership interests, preferred interest in limited liability corporations in the United States, or long-term license and royalty arrangements. The Company is an equity 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. It forms partnerships with private companies where owners want to maintain control of their business (day-to-day operations, corporate culture and long-term objectives). It participates in the business of its Private Company Partners through non-control equity ownership. The Company's subsidiaries include Alaris Cooperatief, U.A. and Alaris USA Inc.

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