ADENTRA (TSE:ADEN - Get Free Report) received a C$60.00 target price from analysts at Raymond James in a note issued to investors on Friday,BayStreet.CA reports. The brokerage currently has a "strong-buy" rating on the stock.
ADEN has been the topic of several other reports. National Bankshares lifted their price objective on ADENTRA from C$57.00 to C$60.00 and gave the stock an "outperform" rating in a report on Monday, October 7th. Stifel Nicolaus lowered their price target on ADENTRA from C$53.00 to C$50.00 and set a "buy" rating on the stock in a research note on Thursday, October 17th. Finally, Acumen Capital dropped their price target on ADENTRA from C$56.00 to C$54.00 in a research report on Friday, November 15th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, ADENTRA presently has a consensus rating of "Buy" and an average price target of $55.14.
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ADENTRA Stock Up 2.7 %
Shares of TSE ADEN traded up $0.98 during trading on Friday, hitting $36.64. The company had a trading volume of 44,214 shares, compared to its average volume of 64,865. The firm has a market capitalization of $916.73 million, a price-to-earnings ratio of 13.77 and a beta of 1.57. The stock has a fifty day simple moving average of $39.51 and a two-hundred day simple moving average of $39.21. ADENTRA has a fifty-two week low of $29.81 and a fifty-two week high of $45.25.
About ADENTRA
(
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ADENTRA Inc engages in the wholesale distribution of architectural building products to the residential, repair and remodel, and commercial construction markets in Canada and the United States. It offers doors, decorative surfaces, moldings, stair parts, hardwood lumber, hardwood plywood, composite panels, and other building products to industrial manufacturers, home builder distribution yards, and home centers.
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