Cascades (OTCMKTS:CADNF) Earns Hold Rating from Desjardins

Cascades (OTCMKTS:CADNF)‘s stock had its “hold” rating reiterated by stock analysts at Desjardins in a note issued to investors on Tuesday, AnalystRatings.com reports.

CADNF has been the topic of several other research reports. TD Securities set a $13.00 price objective on Cascades and gave the company a “hold” rating in a research note on Friday, October 18th. CIBC restated a “hold” rating on shares of Cascades in a research note on Wednesday, October 16th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $12.00.

OTCMKTS:CADNF traded down $0.47 on Tuesday, reaching $9.70. The company’s stock had a trading volume of 4,210 shares, compared to its average volume of 5,536. The business’s 50-day moving average price is $9.05 and its two-hundred day moving average price is $8.29. Cascades has a 1-year low of $5.78 and a 1-year high of $10.20.

About Cascades

Cascades Inc produces, converts, and markets packaging and tissue products in Canada, the United States, and internationally. The company operates through four segments: Containerboard, Boxboard Europe, Specialty Products, and Tissue Papers. It offers containerboards, and coated recycled and virgin boxboards, as well as converts corrugated products.

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Analyst Recommendations for Cascades (OTCMKTS:CADNF)

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