The Globe and Mail reports in its Thursday, Oct. 2 edition that RBC analyst Bart Dziarski rates Alaris Equity Partners Income Trust "sector perform" in new coverage. The Globe's David Leeder writes in the Eye On Equities column that Mr. Dziarski set a unit target of $20. Analysts on average target the units at $24.29. Mr. Dziarski says in a note: "We rate Alaris 'sector perform' given limited visibility on upside catalysts in the near-term. Alaris currently trades at 0.8 times current P/B [price to book] which we believe appropriately reflects the company's BVPS [book value per share] growth outlook (inline with historical averages) relative to ROIC [return on invested capital], and overall portfolio health. Alaris is an income trust yielding 7 per cent and we believe ample buffer exists before the distribution is at risk." The Globe reported on April 30 that Desjardins Securities analyst Gary Ho had reaffirmed his "buy" recommendation for Alaris Equity Partners Income Trust. The units could then be had for $19.38. The Globe reported on June 25 that Raymond James's David Pierse had commenced coverage on Alaris Equity Partners Income Trust with an "outperform" recommendation. The units were then worth $19.31.
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