ADENTRA (TSE:ADEN) Price Target Raised to C$43.00 at TD

ADENTRA (TSE:ADEN) had its price target lifted by equities researchers at TD from C$42.00 to C$43.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock.

Several other research firms have also commented on ADEN. Scotiabank cut their price target on ADENTRA from C$46.00 to C$45.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, April 28th. Stifel Nicolaus upped their price target on shares of ADENTRA from C$49.50 to C$51.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Six research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

ADENTRA Stock Performance

Shares of TSE:ADEN traded up $1.10 during trading hours on Tuesday, reaching $37.17. The stock had a trading volume of 44,521 shares, compared to its average volume of 55,927. ADENTRA has a 1 year low of $28.95 and a 1 year high of $41.20. The firm’s 50 day moving average is $34.43 and its 200-day moving average is $35.56. The stock has a market capitalization of $900.52 million, a price-to-earnings ratio of 14.13 and a beta of 1.60.

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.