CIBC Has Lowered Expectations for A and W Revenue Royalties Income Fund (TSE:AW.UN) Stock Price

A and W Revenue Royalties Income Fund (TSE:AW.UN) had its price objective reduced by CIBC from C$38.00 to C$36.00 in a report issued on Tuesday,BayStreet.CA reports. The firm currently has a “neutral” rating on the stock.

A and W Revenue Royalties Income Fund Stock Performance

The stock has a market cap of C$538.81 million, a PE ratio of 18.65 and a beta of 1.14. The company’s 50-day moving average is C$36.27. A and W Revenue Royalties Income Fund has a fifty-two week low of C$28.20 and a fifty-two week high of C$37.10. The company has a debt-to-equity ratio of 16.97, a current ratio of 3.51 and a quick ratio of 2.57.

A and W Revenue Royalties Income Fund Company Profile

A&W Revenue Royalties Income Fund, a limited purpose trust, holds investment in A&W Trade Marks Inc, through its ownership interest in A&W Trade Marks Limited Partnership, owns the A&W trade-marks used in the A&W quick service restaurant business in Canada. The company licenses A&W trade-marks to A&W Food Services of Canada Inc A&W Revenue Royalties Income Fund was founded in 2001 and is based in North Vancouver, Canada.