Cascades Inc (CAS) Earns “Sector Perform” Rating from Scotiabank
Other equities research analysts have also recently issued research reports about the company. National Bank Financial raised Cascades from a sector perform rating to an outperform rating in a research note on Thursday, May 11th. TD Securities cut Cascades from a buy rating to a hold rating and set a C$18.00 price target for the company. in a research note on Thursday, May 11th. Ci Capital boosted their price target on Cascades from C$17.00 to C$19.00 in a research note on Friday, April 7th. Finally, Royal Bank Of Canada cut Cascades from an outperform rating to a sector perform rating and boosted their price target for the company from C$15.00 to C$16.00 in a research note on Wednesday, April 19th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of Buy and an average price target of C$16.63.
Cascades (TSE CAS) opened at 14.95 on Friday. Cascades has a 12-month low of $8.88 and a 12-month high of $18.20. The stock has a market cap of $1.42 billion and a price-to-earnings ratio of 6.55. The company has a 50-day moving average of $16.94 and a 200 day moving average of $14.99.
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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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