TSX:AD.DB.A - Post by User
Post by
HermannHalleron Mar 10, 2022 7:00am
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Post# 34502088
RBC - Maintaining $25 target and Outperform rating
RBC - Maintaining $25 target and Outperform ratingExcerpt:
March 10, 2022
Alaris Equity Partners Income Trust
Solid Q4/21 results with portfolio performance remaining very strong
Our view: Alaris reported another solid quarter with Q4/21 normalized EBITDA slightly ahead of forecast, 2022 preferred distribution resets coming in ahead of our forecast and overall portfolio performance remaining at historical highs. We maintain our Outperform rating and see the stock as appealing for investors looking for a small-cap stock offering an attractive distribution yield with exposure to the private equity industry.