Bullboard - Stock Discussion Forum Alaris Equity Partners Income 6 25 Senior Unsecured Debentures T.AD.UN

Primary Symbol: T.AD.DB.A Alternate Symbol(s): ADLRF

Alaris Equity Partners Income Trust (the Trust) is a Canada-based trust. The Trust’s operations consist of investments in private operating entities, typically in the form of preferred or common limited partnership interests, preferred or common interest in limited liability corporations in the United States, and loans receivable. The Trust’s Canadian investments are made through a wholly owned... see more

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TSX:AD.DB.A - Post Discussion

Alaris Equity Partners Income 6 25 Senior Unsecured Debentures > Desjardins Raises Target

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Post by retiredcf on Nov 06, 2024 10:02am

Desjardins Raises Target

Desjardins Securities’ Gary Ho moved his target for Alaris Equity Partners Income Trust to $22.50 from $22 with a “buy” rating. The average is $22.45.

“AD’s common strategy has proven to be a success ($27.5-million common distributions in 3Q alone),” he said. “With $166-milllion of dry powder, AD has runway to deploy capital. The units trade at an attractive 20-per-cent discount to BVPU (vs five-year average of negative 11 per cent).”

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