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

ADENTRA (TSE:ADEN) received a C$42.00 price target from analysts at TD in a report released on Thursday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock.

ADEN has been the subject of several other reports. Stifel Nicolaus increased their target price on shares of ADENTRA from C$49.50 to C$51.00 and gave the company a “buy” rating in a research note on Friday, April 17th. National Bank Financial dropped their price objective on ADENTRA from C$54.50 to C$52.00 and set an “outperform” rating on the stock in a report on Friday, March 13th. 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. Finally, ATB Cormark Capital Markets raised their target price on shares of ADENTRA from C$50.00 to C$61.00 and gave the company an “outperform” rating in a research note on Friday, March 13th. Six research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy”.

ADENTRA Price Performance

Shares of TSE:ADEN traded up $0.57 during trading on Thursday, reaching $34.37. 47,254 shares of the company’s stock traded hands, compared to its average volume of 57,337. ADENTRA has a 12 month low of $25.75 and a 12 month high of $41.20. The company has a 50 day moving average of $33.76 and a 200-day moving average of $35.08. The stock has a market capitalization of $832.68 million, a P/E 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.