ADENTRA (TSE:ADEN) Given New C$51.00 Price Target at Stifel Nicolaus

ADENTRA (TSE:ADEN) had its price objective boosted by Stifel Nicolaus from C$47.00 to C$51.00 in a research note released on Friday,BayStreet.CA reports. Stifel Nicolaus currently has a buy rating on the stock.

ADEN has been the subject of a number of other reports. National Bankshares increased their price target on ADENTRA from C$42.50 to C$54.50 and gave the company an “outperform” rating in a research note on Tuesday, October 28th. Raymond James Financial upped their target price on ADENTRA from C$43.00 to C$46.00 in a report on Tuesday, November 11th. Canadian Imperial Bank of Commerce increased their target price on ADENTRA from C$41.00 to C$42.00 in a research report on Tuesday, November 11th. Finally, Scotiabank boosted their price target on ADENTRA from C$41.00 to C$46.00 in a report on Thursday, January 29th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

ADENTRA Price Performance

Shares of TSE:ADEN opened at $38.62 on Friday. ADENTRA has a one year low of $24.60 and a one year high of $39.80. The company has a market cap of $935.26 million, a price-to-earnings ratio of 21.94 and a beta of 1.56. The firm has a 50 day simple moving average of $35.42 and a 200 day simple moving average of $34.25.

About ADENTRA

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.