ADENTRA (TSE:ADEN) PT Set at C$42.00 by TD

ADENTRA (TSE:ADEN) has been given a C$42.00 target price by stock analysts at TD in a research note issued to investors on Thursday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock.

ADEN has been the topic of several other 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 research report on Friday, March 13th. National Bank Financial decreased their price target on shares of ADENTRA from C$54.50 to C$52.00 and set an “outperform” rating for the company in a research note on Friday, March 13th. Stifel Nicolaus lifted their price objective on shares of ADENTRA from C$49.50 to C$51.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Finally, Scotiabank cut their price target on shares of ADENTRA from C$46.00 to C$45.00 and set a “sector outperform” rating on the stock in a report on Tuesday, April 28th. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat, ADENTRA presently has an average rating of “Buy”.

ADENTRA Stock Performance

Shares of ADEN traded up $0.57 during mid-day trading on Thursday, reaching $34.37. The company had a trading volume of 47,254 shares, compared to its average volume of 57,337. The company’s 50 day simple moving average is $33.76 and its 200 day simple moving average is $35.08. ADENTRA has a 1-year low of $25.75 and a 1-year high of $41.20. The company has a market capitalization of $832.68 million, a price-to-earnings ratio of 13.07 and a beta of 1.74.

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.