TSX:AD.DB.A - Post by User
Comment by
Stonksonlyup90on Nov 05, 2024 10:34pm
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Post# 36298040
RE:RE:New Press Release - Alaris Equity Partners Income Trust Releases 2024 Third Quarter Financial Results
RE:RE:New Press Release - Alaris Equity Partners Income Trust Releases 2024 Third Quarter Financial ResultsRemarkable really that it isn't above $20! This used to trade above Book Value (pre Covid) and now trading at just 0.81x BV.
RBC previously had an upside target of $25/unit before they suspended coverage in August. Lots of tailwinds with FX and lowering interest rates in the coming quarters... might not hit $25, but I don't think this stays sub-$20 much longer IMO