Shares of ADENTRA Inc. (TSE:ADEN - Get Free Report) have been given an average rating of "Buy" by the eight research firms that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating on the company.
A number of equities analysts have issued reports on ADEN shares. National Bankshares decreased their price objective on shares of ADENTRA from C$46.00 to C$41.00 and set an "outperform" rating on the stock in a research report on Thursday, June 26th. Cormark decreased their price objective on shares of ADENTRA from C$55.00 to C$46.00 in a research report on Monday, March 17th. Canaccord Genuity Group decreased their price objective on shares of ADENTRA from C$50.00 to C$44.00 and set a "buy" rating on the stock in a research report on Monday, March 17th. Scotiabank set a C$31.00 price objective on shares of ADENTRA and gave the company a "sector perform" rating in a research report on Thursday, June 19th. Finally, CIBC decreased their price objective on shares of ADENTRA from C$44.00 to C$34.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 22nd.
Check Out Our Latest Research Report on ADEN
ADENTRA Trading Up 0.9%
Shares of ADEN stock traded up $0.27 during mid-day trading on Tuesday, reaching $30.16. The stock had a trading volume of 820 shares, compared to its average volume of 67,108. The stock's 50-day moving average price is $26.94 and its two-hundred day moving average price is $30.23. ADENTRA has a 52-week low of $24.60 and a 52-week high of $45.25. The firm has a market capitalization of $532.51 million, a PE ratio of 10.28 and a beta of 1.57.
ADENTRA Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, July 25th. Investors of record on Friday, July 25th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.99%. The ex-dividend date is Monday, July 14th. ADENTRA's dividend payout ratio is currently 19.10%.
About ADENTRA
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Get Free ReportAdentra 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.
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