In a new note to investors on February 19, an analyst has provided a rating update for Cascades (CAS). Analyst Paul Quinn from RBC Capital remains bullish on the stock and has a C$13 price target.
According to TipRanks.com, Quinn is a 5-star analyst with an average return of 14.6% and a 66.0% success rate. Quinn covers the Consumer Goods sector, focusing on stocks such as Rayonier Advanced Materials, Mercer International Inc, and International Paper Co.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cascades with a C$13.05 average price target.
The company has a one-year high of C$16.67 and a one-year low of C$9.15. Currently, Cascades has an average volume of 188.6K.
Cascades, Inc. produces, converts and markets packaging and tissue products composed mainly of recycled fibres. It operates through the following business segments: Containerboard, Boxboard Europe, Specialty Products and Tissue Papers.
The company’s shares closed on Wednesday at C$10.04, close to its 52-week low of C$9.15.
