ADENTRA (TSE:ADEN) PT Set at C$46.00 by TD

ADENTRA (TSE:ADEN) received a C$46.00 price target from TD in a report issued on Thursday, BayStreet reports. The firm currently has a “buy” rating on the stock.

Several other equities research analysts also recently commented on ADEN. Desjardins upped their price target on shares of ADENTRA from C$47.00 to C$49.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Acumen Capital lifted their price objective on shares of ADENTRA from C$48.00 to C$50.00 in a research report on Friday, August 7th. Stifel Nicolaus boosted their target price on shares of ADENTRA from C$48.00 to C$54.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Finally, Scotia increased their target price on ADENTRA from C$47.00 to C$49.00 and gave the company a “sector outperform” rating in a report on Monday, August 10th. Seven 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 TSE:ADEN traded up $0.14 during midday trading on Thursday, reaching $35.14. The company had a trading volume of 13,764 shares, compared to its average volume of 53,720. The company has a fifty day simple moving average of $36.36 and a two-hundred day simple moving average of $35.31. The firm has a market cap of $851.97 million, a price-to-earnings ratio of 12.97 and a beta of 1.61. ADENTRA has a 1-year low of $31.40 and a 1-year high of $41.20.

ADENTRA (TSE:ADEN) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.96 EPS for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.02). ADENTRA had a net margin of 2.98% and a return on equity of 10.11%. The firm had revenue of $607.13 million for the quarter, compared to analysts’ expectations of $838.14 million. Analysts expect that ADENTRA will post 4.7128713 EPS for the current year.

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.