ADENTRA (TSE:ADEN) Price Target Raised to C$46.00

ADENTRA (TSE:ADEN) had its target price upped by Scotiabank from C$41.00 to C$46.00 in a research report report published on Thursday morning,BayStreet.CA reports.

Several other analysts have also recently issued reports on the stock. Stifel Nicolaus decreased their target price on shares of ADENTRA from C$51.00 to C$45.00 and set a “buy” rating on the stock in a research report on Tuesday, October 7th. National Bankshares boosted their price objective on ADENTRA from C$42.50 to C$54.50 and gave the stock an “outperform” rating in a research note on Tuesday, October 28th. CIBC raised their price objective on ADENTRA from C$41.00 to C$42.00 in a research note on Tuesday, November 11th. Finally, Raymond James Financial lifted their target price on ADENTRA from C$43.00 to C$46.00 in a report on Tuesday, November 11th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

ADENTRA Stock Down 1.5%

Shares of ADEN stock opened at $36.20 on Thursday. ADENTRA has a 52 week low of $24.60 and a 52 week high of $39.80. The stock has a fifty day moving average of $34.89 and a 200 day moving average of $33.99. The firm has a market capitalization of $876.66 million, a price-to-earnings ratio of 20.57 and a beta of 1.61.

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.