ADENTRA Inc. (TSE:ADEN) Given Average Recommendation of “Moderate Buy” by Analysts

ADENTRA Inc. (TSE:ADEN) has been assigned an average rating of “Moderate Buy” from the seven research firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company.

ADEN has been the subject of several recent analyst reports. ATB Cormark Capital Markets lifted their target price on shares of ADENTRA from C$50.00 to C$61.00 and gave the stock an “outperform” rating in a report on Friday. National Bank Financial cut their price target on shares of ADENTRA from C$54.50 to C$52.00 and set an “outperform” rating on the stock in a report on Friday. Scotiabank raised their price target on shares of ADENTRA from C$41.00 to C$46.00 in a research report on Thursday, January 29th. Finally, Stifel Nicolaus decreased their price objective on shares of ADENTRA from C$51.00 to C$49.50 and set a “buy” rating for the company in a report on Friday.

ADENTRA Stock Performance

Shares of ADEN stock opened at $34.06 on Friday. ADENTRA has a one year low of $24.60 and a one year high of $41.20. The company’s 50-day moving average is $37.67 and its 200 day moving average is $35.28. The company has a market capitalization of $824.83 million, a price-to-earnings 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.