Scotiabank Raises ADENTRA (TSE:ADEN) Price Target to C$46.00

ADENTRA (TSE:ADEN) had its price objective lifted by Scotiabank from C$41.00 to C$46.00 in a research note issued on Thursday,BayStreet.CA reports.

A number of other analysts have also recently weighed in on the stock. CIBC raised their price objective on shares of ADENTRA from C$41.00 to C$42.00 in a report on Tuesday, November 11th. Raymond James Financial increased their target price on shares of ADENTRA from C$43.00 to C$46.00 in a research report on Tuesday, November 11th. Stifel Nicolaus reduced their price target on shares of ADENTRA from C$51.00 to C$45.00 and set a “buy” rating for the company in a research report on Tuesday, October 7th. Finally, National Bankshares upped their price objective on shares of ADENTRA from C$42.50 to C$54.50 and gave the company an “outperform” rating in a research note on Tuesday, October 28th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

ADENTRA Stock Performance

Shares of TSE ADEN opened at $36.20 on Thursday. The stock’s 50-day simple moving average is $34.89 and its 200-day simple moving average is $33.96. The firm has a market capitalization of $876.66 million, a PE ratio of 20.57 and a beta of 1.61. ADENTRA has a fifty-two week low of $24.60 and a fifty-two week high of $39.80.

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.