Alaris Royalty (TSE: AD) had its price target raised by Acumen Capital from $31.50 to $32.70 in a research report released on Tuesday morning. Acumen Capital currently has a buy rating on the stock.
Shares of Alaris Royalty opened at 29.35 on Tuesday. Alaris Royalty has a one year low of $16.10 and a one year high of $29.50. The stock’s 50-day moving average is currently $26.83. The company has a market cap of $655.6 million and a P/E ratio of 28.83.
The company also recently declared a feb 13 dividend, which is scheduled for Friday, March 15th. Investors of record on Thursday, February 28th will be given a dividend of $0.11 per share. The ex-dividend date of this dividend is Tuesday, February 26th.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity raised their price target on shares of Alaris Royalty from $29.00 to $30.50 in a research note to investors on Tuesday. They now have a buy rating on the stock. Separately, analysts at National Bank of Greece raised their price target on shares of Alaris Royalty from $27.00 to $31.00 in a research note to investors on Tuesday. They now have an outperform rating on the stock. Finally, analysts at RBC Capital initiated coverage on shares of Alaris Royalty in a research note to investors on Wednesday, February 6th. They set an outperform rating and a $31.00 price target on the stock.
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