Darren John Driscoll Purchases 1,500 Shares of Alaris Royalty Corp. (AD) Stock

Alaris Royalty Corp. (TSE:AD) insider Darren John Driscoll purchased 1,500 shares of the business’s stock in a transaction on Thursday, November 9th. The stock was purchased at an average cost of C$18.82 per share, for a total transaction of C$28,230.00.

Shares of Alaris Royalty Corp. (TSE AD) traded down C$0.15 during trading on Friday, reaching C$18.34. 225,792 shares of the company’s stock traded hands, compared to its average volume of 118,299. Alaris Royalty Corp. has a twelve month low of C$18.20 and a twelve month high of C$24.39.

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A number of brokerages have issued reports on AD. Raymond James Financial, Inc. cut their price target on shares of Alaris Royalty Corp. from C$23.00 to C$20.00 and set a “market perform” rating on the stock in a report on Wednesday. CIBC lifted their target price on shares of Alaris Royalty Corp. from C$20.00 to C$23.00 in a research note on Friday, September 1st. Scotiabank cut their target price on shares of Alaris Royalty Corp. from C$25.00 to C$24.00 and set an “outperform” rating on the stock in a research note on Thursday, August 3rd. Finally, National Bank Financial lifted their target price on shares of Alaris Royalty Corp. from C$24.00 to C$25.00 and gave the company an “outperform” rating in a research note on Thursday, July 27th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of C$24.00.

Alaris Royalty Corp. Company Profile

Alaris Royalty Corp. is a Canada-based company providing capital to private businesses (individually, a Private Company Partner and collectively the Partners). The Company’s operations consist of investments in private operating entities in the form of preferred limited partnership interests, preferred interest in limited liability corporations in the United States, or long-term license and royalty arrangements.

Insider Buying and Selling by Quarter for Alaris Royalty Corp. (TSE:AD)

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