Cascades (CADNF) Projected to Post Earnings on Thursday

Cascades (OTCMKTS:CADNF) is projected to post its results before the market opens on Thursday, November 5th. Analysts expect the company to post earnings of $0.2729 per share and revenue of $908.23 million for the quarter.

Cascades Price Performance

Shares of CADNF stock opened at $12.15 on Thursday. Cascades has a one year low of $7.50 and a one year high of $13.20. The stock has a fifty day moving average price of $12.42 and a 200 day moving average price of $9.70.

Analysts Set New Price Targets

Several brokerages have issued reports on CADNF. Royal Bank Of Canada reissued an “outperform” rating on shares of Cascades in a report on Monday, August 10th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Cascades in a report on Monday. TD Securities reiterated a “buy” rating on shares of Cascades in a research report on Tuesday, August 4th. Finally, Scotiabank reissued an “outperform” rating on shares of Cascades in a research note on Friday, August 14th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

About Cascades

Cascades Inc is a Canadian company that develops, manufactures and converts packaging and tissue products primarily from recycled, renewable and responsibly managed fibers. Its operations support customers in the consumer goods, food, industrial, commercial and institutional markets.

The company’s product portfolio includes corrugated packaging, specialty and consumer packaging, containerboard, recycled boxboard, tissue papers, hand towels, bathroom tissue and related hygiene products.