ADENTRA (TSE:ADEN) Given New C$46.00 Price Target at Cormark

ADENTRA (TSE:ADEN) had its target price dropped by equities research analysts at Cormark from C$55.00 to C$46.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports.

A number of other research analysts have also weighed in on the company. Raymond James set a C$60.00 price objective on ADENTRA and gave the company a “strong-buy” rating in a research report on Friday, December 20th. CIBC reduced their price objective on ADENTRA from C$53.00 to C$49.00 in a research report on Wednesday, January 15th. 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. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $48.13.

ADENTRA Stock Down 0.3 %

ADEN stock opened at $27.81 on Monday. ADENTRA has a twelve month low of $27.37 and a twelve month high of $45.25. The firm has a market cap of $491.02 million, a PE ratio of 9.48 and a beta of 1.57. The business has a 50 day moving average of $33.70 and a 200 day moving average of $37.60.

ADENTRA Company Profile

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.