Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An update from Alaris Royalty ( ($TSE:AD.UN) ) is now available.
Alaris Equity Partners has made a significant $115.5 million investment in Optimus SBR, Canada’s largest independent management consulting firm. This investment, consisting of preferred and common equity, is expected to enhance Optimus SBR’s growth in tackling complex challenges across various industries. Alaris’ involvement is anticipated to provide strong and predictable cash flows, further enhancing long-term value for its unitholders, while Optimus SBR benefits from increased flexibility to accelerate its growth and navigate evolving challenges.
The most recent analyst rating on ($TSE:AD.UN) stock is a Hold with a C$20.00 price target. To see the full list of analyst forecasts on Alaris Royalty stock, see the TSE:AD.UN Stock Forecast page.
Spark’s Take on TSE:AD.UN Stock
According to Spark, TipRanks’ AI Analyst, TSE:AD.UN is a Outperform.
Alaris Royalty’s strong financial performance, characterized by robust profitability and a healthy balance sheet, is a key strength. The stock appears undervalued with a high dividend yield, appealing to income investors. Despite limited technical momentum, recent strategic investments and consistent distributions bolster confidence in future growth. Overall, the stock presents a stable investment opportunity with potential upside from strategic initiatives.
To see Spark’s full report on TSE:AD.UN stock, click here.
More about Alaris Royalty
Alaris Equity Partners is a financial entity that invests in a diversified group of private businesses primarily through structured equity. Their strategy focuses on delivering stable and predictable returns to unitholders while driving long-term value creation. Alaris aims to generate steady cash distributions and capture capital appreciation as their partners expand, aligning interests with founders through common equity positions.
Average Trading Volume: 74,390
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$876.6M
Learn more about AD.UN stock on TipRanks’ Stock Analysis page.