ADENTRA (TSE:ADEN – Get Free Report) had its price objective raised by Desjardins from C$49.00 to C$53.00 in a research report issued to clients and investors on Tuesday, BayStreet reports. The brokerage presently has a “buy” rating on the stock.
Several other equities research analysts also recently issued reports on the company. Acumen Capital raised their price target on ADENTRA from C$48.00 to C$50.00 in a report on Friday, August 7th. Scotia upped their price objective on shares of ADENTRA from C$47.00 to C$49.00 and gave the company a “sector outperform” rating in a report on Monday, August 10th. TD upped their price objective on shares of ADENTRA from C$48.00 to C$50.00 and gave the company a “buy” rating in a report on Tuesday. Finally, Stifel Nicolaus increased their price objective on shares of ADENTRA from C$48.00 to C$54.00 and gave the company a “buy” rating in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating and eight have given a Buy rating to the company. According to data from MarketBeat.com, ADENTRA currently has a consensus rating of “Buy”.
View Our Latest Stock Analysis on ADENTRA
ADENTRA Trading Down 0.2%
TSE:ADEN traded down $0.06 on Tuesday, hitting $37.69. The company’s stock had a trading volume of 47,170 shares, compared to its average volume of 51,946. ADENTRA has a one year low of $31.40 and a one year high of $41.20. The firm has a market capitalization of $913.79 million, a P/E ratio of 13.91 and a beta of 1.27. The stock has a fifty day moving average of $35.49 and a two-hundred day moving average of $35.70.
ADENTRA (TSE:ADEN – Get Free Report) last issued its earnings results on Monday, November 9th. The company reported $0.87 EPS for the quarter, missing the consensus estimate of $1.08 by ($0.21). The business had revenue of $618.65 million for the quarter, compared to the consensus estimate of $861.54 million. ADENTRA had a return on equity of 10.11% and a net margin of 2.98%. As a group, sell-side analysts anticipate that ADENTRA will post 4.71 EPS for the current year.
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.
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