ADENTRA Inc. (TSE:ADEN - Get Free Report) declared a quarterly dividend on Monday, July 14th, TickerTech Dividends reports. Stockholders of record on Friday, July 25th will be paid a dividend of 0.15 per share on Friday, July 25th. This represents a $0.60 annualized dividend and a dividend yield of 1.97%. The ex-dividend date of this dividend is Monday, July 14th.
ADENTRA Stock Down 4.0%
Shares of TSE:ADEN opened at $30.43 on Friday. ADENTRA has a 52-week low of $24.60 and a 52-week high of $45.25. The stock has a market cap of $537.28 million, a price-to-earnings ratio of 10.38 and a beta of 1.57. The business has a 50-day moving average price of $27.15 and a 200-day moving average price of $30.15.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on ADEN. CIBC reduced their price target on ADENTRA from C$44.00 to C$34.00 and set an "outperform" rating for the company in a research report on Tuesday, April 22nd. Stifel Nicolaus reduced their price target on ADENTRA from C$41.00 to C$36.00 and set a "buy" rating for the company in a research report on Thursday, April 17th. Scotiabank set a C$31.00 price target on ADENTRA and gave the company a "sector perform" rating in a research report on Thursday, June 19th. Desjardins reduced their price target on ADENTRA from C$46.00 to C$41.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. Finally, Cormark reduced their price target on ADENTRA from C$55.00 to C$46.00 in a research report on Monday, March 17th. One analyst has rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $43.00.
Check Out Our Latest Analysis on ADEN
About ADENTRA
(
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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.
Further Reading
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