ADENTRA (TSE:ADEN) Stock Gets Price Target Increase from TD

ADENTRA (TSE:ADEN – Get Free Report) had its price target boosted by TD from C$48.00 to C$50.00 in a research report issued on Tuesday, BayStreet reports. The firm currently has a “buy” rating on the stock.

ADEN has been the subject of several other research reports. Acumen Capital raised their target price on ADENTRA from C$48.00 to C$50.00 in a research note on Friday, August 7th. Stifel Nicolaus boosted their price target on ADENTRA from C$48.00 to C$54.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Scotia boosted their price target on ADENTRA from C$47.00 to C$49.00 and gave the company a “sector outperform” rating in a research note on Monday, August 10th. Finally, Desjardins increased their price target on ADENTRA from C$47.00 to C$49.00 and gave the stock a “buy” rating in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy”.

Check Out Our Latest Report on ADEN

ADENTRA Stock Down 0.2%

ADEN traded down $0.06 during trading on Tuesday, reaching $37.69. 47,170 shares of the stock traded hands, compared to its average volume of 51,946. The stock’s 50-day moving average is $35.49 and its 200 day moving average is $35.70. ADENTRA has a 12 month low of $31.40 and a 12 month high of $41.20. The stock has a market capitalization of $913.79 million, a PE ratio of 13.91 and a beta of 1.27.

ADENTRA (TSE:ADEN – Get Free Report) last posted its quarterly earnings data on Monday, November 9th. The company reported $0.87 earnings per share for the quarter, missing the consensus estimate of $1.08 by ($0.21). ADENTRA had a return on equity of 10.11% and a net margin of 2.98%. The business had revenue of $618.65 million during the quarter, compared to the consensus estimate of $861.54 million. As a group, equities research analysts anticipate that ADENTRA will post 4.71 EPS for the current year.

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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