ADENTRA (TSE:ADEN) Price Target Cut to C$52.00 by Analysts at National Bank Financial

ADENTRA (TSE:ADEN) had its price target reduced by National Bank Financial from C$54.50 to C$52.00 in a report published on Friday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other equities research analysts have also recently issued reports on the company. Stifel Nicolaus lifted their target price on ADENTRA from C$47.00 to C$51.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Scotiabank increased their price target on ADENTRA from C$41.00 to C$46.00 in a research note on Thursday, January 29th. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

ADENTRA Stock Down 2.9%

Shares of ADEN stock opened at $34.06 on Friday. The company’s fifty day simple moving average is $37.67 and its two-hundred day simple moving average is $35.28. ADENTRA has a 52 week low of $24.60 and a 52 week high of $41.20. The stock has a market cap of $824.83 million, a P/E ratio of 19.35 and a beta of 1.47.

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.