Alaris Royalty Corp. (TSE:AD) insider Darren John Driscoll acquired 1,800 shares of the business’s stock in a transaction that occurred on Thursday, May 25th. The shares were purchased at an average price of C$20.20 per share, with a total value of C$36,360.00.

Shares of Alaris Royalty Corp. (TSE:AD) traded down 0.90% on Thursday, reaching $19.89. 78,759 shares of the company were exchanged. Alaris Royalty Corp. has a 1-year low of $17.80 and a 1-year high of $31.20. The company has a 50-day moving average price of $21.40 and a 200 day moving average price of $22.19. The stock has a market capitalization of $724.87 million and a PE ratio of 12.75.

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A number of brokerages recently weighed in on AD. Desjardins dropped their price objective on shares of Alaris Royalty Corp. from C$27.00 to C$26.50 in a report on Thursday, March 9th. CIBC decreased their price target on shares of Alaris Royalty Corp. from C$24.00 to C$20.00 in a research note on Thursday, May 11th. Raymond James Financial, Inc. decreased their price target on shares of Alaris Royalty Corp. from C$23.00 to C$22.00 and set a “market perform” rating for the company in a research note on Wednesday, May 10th. Scotiabank lifted their price target on shares of Alaris Royalty Corp. from C$26.00 to C$27.00 and gave the stock an “outperform” rating in a research note on Friday, February 24th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a C$24.00 price target on shares of Alaris Royalty Corp. in a research note on Friday, March 3rd. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Alaris Royalty Corp. presently has an average rating of “Hold” and a consensus price target of C$24.07.

Alaris Royalty Corp. Company Profile

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.

12 Month Chart for TSE:AD

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