ADENTRA (TSE:ADEN) Price Target Raised to C$54.00

ADENTRA (TSE:ADEN – Get Free Report) had its price objective upped by Stifel Nicolaus from C$48.00 to C$54.00 in a research report issued on Friday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Desjardins upped their target price on shares of ADENTRA from C$47.00 to C$49.00 and gave the company a “buy” rating in a report on Friday. TD lifted their price target on ADENTRA from C$43.00 to C$46.00 and gave the stock a “buy” rating in a report on Thursday. Scotiabank lowered their price target on ADENTRA from C$46.00 to C$45.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, April 28th. Finally, Acumen Capital upped their price objective on ADENTRA from C$48.00 to C$50.00 in a research note on Friday. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat, ADENTRA currently has a consensus rating of “Buy”.

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ADENTRA Stock Performance

ADEN traded down $0.21 during trading on Friday, reaching $39.17. 41,928 shares of the stock were exchanged, compared to its average volume of 55,502. The stock’s 50 day moving average price is $35.55 and its two-hundred day moving average price is $35.65. ADENTRA has a twelve month low of $31.40 and a twelve month high of $41.20. The stock has a market cap of $948.97 million, a P/E ratio of 14.89 and a beta of 1.59.

ADENTRA Company Profile

(Get Free Report)

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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