ADENTRA (TSE:ADEN) Price Target Raised to C$46.00 at Scotiabank

ADENTRA (TSE:ADEN) had its price objective hoisted by Scotiabank from C$41.00 to C$46.00 in a report published on Thursday,BayStreet.CA reports.

Other analysts have also recently issued research reports about the company. National Bankshares raised their target price on ADENTRA from C$42.50 to C$54.50 and gave the stock an “outperform” rating in a research report on Tuesday, October 28th. Raymond James Financial raised their price objective on ADENTRA from C$43.00 to C$46.00 in a research report on Tuesday, November 11th. CIBC lifted their target price on ADENTRA from C$41.00 to C$42.00 in a research note on Tuesday, November 11th. Finally, Stifel Nicolaus reduced their price target on shares of ADENTRA from C$51.00 to C$45.00 and set a “buy” rating for the company in a research report on Tuesday, October 7th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, ADENTRA presently has an average rating of “Moderate Buy”.

ADENTRA Stock Performance

ADENTRA stock opened at $36.76 on Thursday. The company has a 50 day moving average price of $34.81 and a 200 day moving average price of $33.93. ADENTRA has a 52 week low of $24.60 and a 52 week high of $39.80. The firm has a market capitalization of $890.22 million, a price-to-earnings ratio of 20.89 and a beta of 1.61.

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.