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.
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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.
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