National Bank Financial Has Lowered Expectations for ADENTRA (TSE:ADEN) Stock Price

ADENTRA (TSE:ADEN) had its price target decreased by equities research analysts at National Bank Financial from C$54.50 to C$52.00 in a research report issued on Friday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock.

A number of other analysts have also recently weighed in on ADEN. Stifel Nicolaus increased their price objective on ADENTRA from C$47.00 to C$51.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Scotiabank lifted their target price on shares of ADENTRA from C$41.00 to C$46.00 in a report on Thursday, January 29th. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, ADENTRA presently has a consensus rating of “Moderate Buy”.

ADENTRA Stock Performance

Shares of TSE:ADEN traded down $0.94 on Friday, hitting $34.13. 74,592 shares of the company’s stock were exchanged, compared to its average volume of 51,972. ADENTRA has a 1-year low of $24.60 and a 1-year high of $41.20. The company has a market capitalization of $826.53 million, a PE ratio of 19.39 and a beta of 1.47. The firm’s 50-day moving average is $37.67 and its 200 day moving average is $35.28.

About ADENTRA

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.