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Scotiabank and Cormark lower ADENTRA's price targets but still recommend buying the stock.
Scotiabank and Cormark have lowered their price targets for ADENTRA (TSE:ADEN), from C$49.00 to C$43.00 and from C$55.00 to C$46.00 respectively, but both maintain a "Buy" rating.
ADENTRA, a distributor of architectural building products, saw its shares open at C$29.00 on Monday, with a 52-week range of C$27.37 to C$45.25.
The company recently increased its dividend to $0.60, offering a 2.07% yield.
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Scotiabank y Cormark bajan los objetivos de precios de ADENTRA, pero aún recomiendan comprar las acciones.