ADENTRA (TSE:ADEN) Given New C$52.00 Price Target at National Bank Financial

ADENTRA (TSE:ADEN) had its target price decreased by National Bank Financial from C$54.50 to C$52.00 in a research note issued on Friday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock.

A number of other research firms also recently commented on ADEN. Stifel Nicolaus increased their price objective on shares of ADENTRA from C$47.00 to C$51.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Scotiabank raised their target price on shares of ADENTRA from C$41.00 to C$46.00 in a report on Thursday, January 29th. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

ADENTRA Trading Down 2.7%

ADEN stock traded down $0.94 during trading on Friday, reaching $34.13. The stock had a trading volume of 74,592 shares, compared to its average volume of 51,972. The company has a market capitalization of $826.53 million, a P/E ratio of 19.39 and a beta of 1.47. ADENTRA has a 1-year low of $24.60 and a 1-year high of $41.20. The firm has a fifty day moving average price of $37.67 and a 200 day moving average price of $35.28.

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.