ADENTRA (TSE:ADEN - Get Free Report) has been assigned a C$31.00 price target by equities research analysts at Scotiabank in a report released on Thursday,BayStreet.CA reports. The brokerage currently has a "sector perform" rating on the stock.
ADEN has been the topic of a number of other research reports. Cormark cut 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 cut 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. Desjardins cut their price objective on shares of ADENTRA from C$46.00 to C$41.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. Stifel Nicolaus cut their price target on shares of 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, CIBC cut their price target on shares of ADENTRA from C$44.00 to C$34.00 and set an "outperform" rating on the stock in a report on Tuesday, April 22nd. One research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $44.33.
Read Our Latest Research Report on ADEN
ADENTRA Stock Up 2.2%
TSE:ADEN traded up $0.59 during trading hours on Thursday, hitting $27.36. 105,691 shares of the stock traded hands, compared to its average volume of 69,302. ADENTRA has a 1 year low of $24.60 and a 1 year high of $45.25. The company has a market cap of $483.07 million, a price-to-earnings ratio of 9.33 and a beta of 1.57. The stock has a 50 day moving average price of $26.53 and a 200 day moving average price of $30.95.
ADENTRA Company Profile
(
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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.
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