ADENTRA (TSE:ADEN - Get Free Report) had its price objective dropped by equities researchers at National Bankshares from C$60.00 to C$53.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock.
Other equities analysts have also issued reports about the company. Cormark decreased their price objective on ADENTRA from C$55.00 to C$46.00 in a report on Monday. CIBC decreased their price objective on ADENTRA from C$53.00 to C$49.00 in a report on Wednesday, January 15th. Finally, Raymond James set a C$60.00 price objective on ADENTRA and gave the stock a "strong-buy" rating in a report on Friday, December 20th. Six equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $48.13.
Check Out Our Latest Report on ADENTRA
ADENTRA Stock Down 0.6 %
Shares of TSE:ADEN traded down $0.17 during trading on Monday, hitting $28.13. 12,906 shares of the company traded hands, compared to its average volume of 65,403. The stock has a market capitalization of $496.67 million, a price-to-earnings ratio of 9.59 and a beta of 1.57. The business's fifty day moving average is $33.44 and its 200-day moving average is $37.48. ADENTRA has a one year low of $27.37 and a one year 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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