Shares of ADENTRA Inc. (TSE:ADEN - Get Free Report) have been given an average rating of "Buy" by the eight ratings firms that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, six have issued a buy recommendation and one has assigned a strong buy recommendation to the company.
A number of research firms recently weighed in on ADEN. Canaccord Genuity Group decreased their target price on ADENTRA from C$50.00 to C$44.00 and set a "buy" rating on the stock in a report on Monday, March 17th. National Bankshares decreased their target price on ADENTRA from C$46.00 to C$41.00 and set an "outperform" rating on the stock in a report on Thursday, June 26th. Scotiabank set a C$31.00 target price on ADENTRA and gave the stock a "sector perform" rating in a report on Thursday, June 19th. Stifel Nicolaus decreased their target price on ADENTRA from C$41.00 to C$36.00 and set a "buy" rating on the stock in a report on Thursday, April 17th. Finally, Desjardins decreased their target price on ADENTRA from C$46.00 to C$41.00 and set a "buy" rating on the stock in a report on Thursday, May 8th.
Check Out Our Latest Report on ADEN
ADENTRA Trading Up 5.9%
Shares of ADENTRA stock traded up $1.77 on Tuesday, reaching $31.69. 184,981 shares of the company were exchanged, compared to its average volume of 68,385. ADENTRA has a one year low of $24.60 and a one year high of $45.25. The company has a market capitalization of $559.52 million, a price-to-earnings ratio of 10.81 and a beta of 1.57. The company has a 50-day moving average of $27.09 and a 200 day moving average of $30.19.
ADENTRA Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 25th. Shareholders of record on Friday, July 25th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.89%. The ex-dividend date of this dividend is Monday, July 14th. ADENTRA's dividend payout ratio (DPR) is 19.10%.
ADENTRA Company Profile
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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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