TSX:AD.DB.A - Post by User
Post by
hawk35on Oct 17, 2024 12:35pm
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Post# 36270153
Market has confidence in Alaris
Market has confidence in AlarisFrom a 52 week low of 12.56, Alaris has risen to 18.85 as of today. This is an increase of 50%. The market is clearly showing confidence in AD. Part of the reason is falling interest rates, improving economic outlook for their business and a nice dividend with very low payout ratio.
The average target price is around 21.00. With analysts expecting a dividend increase in 2025, the share price should continue to rise over the next year.