National Bank Financial Boosts Cascades Inc (CAS) Price Target to C$21.00

Cascades Inc (TSE:CAS) had its target price upped by equities research analysts at National Bank Financial from C$19.00 to C$21.00 in a research note issued on Friday. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s target price would suggest a potential upside of 31.58% from the stock’s current price.

A number of other equities research analysts also recently weighed in on CAS. Ci Capital lifted their target price on Cascades from C$17.00 to C$19.00 in a research report on Tuesday, July 4th. Scotiabank reissued a “sector perform” rating and set a C$17.00 target price on shares of Cascades in a research report on Monday, July 24th. Desjardins decreased their target price on Cascades from C$17.50 to C$16.00 in a research report on Friday, August 11th. TD Securities decreased their target price on Cascades from C$18.00 to C$17.00 and set a “hold” rating on the stock in a research report on Friday, August 11th. Finally, Royal Bank Of Canada decreased their target price on Cascades from C$17.00 to C$16.00 and set a “sector perform” rating on the stock in a research report on Friday, August 11th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Cascades currently has a consensus rating of “Hold” and an average price target of C$17.57.

COPYRIGHT VIOLATION WARNING: “National Bank Financial Boosts Cascades Inc (CAS) Price Target to C$21.00” was reported by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this news story on another domain, it was illegally copied and republished in violation of United States and international trademark & copyright law. The correct version of this news story can be read at https://sportsperspectives.com/2017/10/13/national-bank-financial-boosts-cascades-inc-cas-price-target-to-c21-00.html.

Cascades Company Profile

Cascades Inc (Cascades) is a Canada-based company that produces, converts and markets packaging and tissue products consisting of recycled fibers. The Company operates through four segments: Containerboard, Boxboard Europe, Specialty Products (which constitutes the Company’s Packaging Products) and Tissue Papers.

Analyst Recommendations for Cascades (TSE:CAS)

Receive News & Ratings for Cascades Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cascades Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply