ADENTRA Inc. (TSE:ADEN) Given Average Rating of “Moderate Buy” by Brokerages

ADENTRA Inc. (TSE:ADEN) has earned an average rating of “Moderate Buy” from the six research firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company.

Several research analysts have commented on the stock. Scotiabank lifted their price target on shares of ADENTRA from C$39.00 to C$40.00 in a research note on Friday, October 17th. National Bankshares increased their target price on shares of ADENTRA from C$42.50 to C$54.50 and gave the company an “outperform” rating in a report on Tuesday, October 28th. Raymond James Financial boosted their price target on shares of ADENTRA from C$43.00 to C$46.00 in a research note on Tuesday, November 11th. CIBC upped their price target on shares of ADENTRA from C$41.00 to C$42.00 in a research report on Tuesday, November 11th. Finally, Stifel Nicolaus decreased their price objective on ADENTRA from C$51.00 to C$45.00 and set a “buy” rating on the stock in a report on Tuesday, October 7th.

ADENTRA Price Performance

TSE:ADEN opened at $36.80 on Friday. The business has a 50 day moving average of $34.71 and a 200 day moving average of $33.91. The company has a market capitalization of $891.19 million, a price-to-earnings ratio of 20.91 and a beta of 1.61. ADENTRA has a 1-year low of $24.60 and a 1-year high of $39.80.

ADENTRA Company Profile

Adentra Inc is a distributor of architectural products to fabricators, home centers and professional dealers servicing the new residential, repair and remodel, and commercial construction end markets. The company operates a network in North America of 86 facilities in the United States and Canada.