National Bank Financial Has Lowered Expectations for ADENTRA (TSE:ADEN) Stock Price

ADENTRA (TSE:ADEN) had its target price decreased by investment analysts at National Bank Financial from C$54.50 to C$52.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock.

ADEN has been the subject of a number of other research reports. Scotiabank raised their price target on shares of ADENTRA from C$41.00 to C$46.00 in a report on Thursday, January 29th. Stifel Nicolaus boosted their price objective on shares of ADENTRA from C$47.00 to C$51.00 and gave the company a “buy” rating in a report on Friday, February 6th. Six research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

ADENTRA Stock Down 2.9%

Shares of ADENTRA stock opened at $34.06 on Friday. The company has a 50 day moving average price of $37.67 and a 200 day moving average price of $35.28. The firm has a market capitalization of $824.83 million, a P/E ratio of 19.35 and a beta of 1.47. ADENTRA has a 52 week low of $24.60 and a 52 week high of $41.20.

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.