National Bankshares Lowers ADENTRA (TSE:ADEN) Price Target to C$41.00

ADENTRA (TSE:ADEN - Get Free Report) had its target price cut by National Bankshares from C$46.00 to C$41.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock.

ADEN has been the topic of a number of other research reports. Cormark decreased their price objective on ADENTRA from C$55.00 to C$46.00 in a report on Monday, March 17th. Canaccord Genuity Group dropped their price objective 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. Desjardins lowered their price target 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. Scotiabank set a C$31.00 price target on shares of ADENTRA and gave the stock a "sector perform" rating in a report on Thursday, June 19th. Finally, Stifel Nicolaus reduced 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 research report on Thursday, April 17th. One research analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $43.00.

ADENTRA Trading Up 0.8%

Shares of ADEN stock traded up $0.22 on Thursday, reaching $27.61. 14,563 shares of the company's stock were exchanged, compared to its average volume of 67,803. The stock has a market capitalization of $487.49 million, a PE ratio of 9.41 and a beta of 1.57. ADENTRA has a 52 week low of $24.60 and a 52 week high of $45.25. The company's fifty day simple moving average is $26.57 and its 200 day simple moving average is $30.82.

ADENTRA Company Profile

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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