Cascades (TSE:CAS) Price Target Cut to C$10.50 by Analysts at Desjardins

Cascades (TSE:CAS) had its target price lowered by analysts at Desjardins from C$11.00 to C$10.50 in a research note issued to investors on Monday,BayStreet.CA reports. The brokerage currently has a “hold” rating on the stock. Desjardins’ target price suggests a potential upside of 5.74% from the stock’s previous close. Desjardins also issued estimates for Cascades’ Q3 2025 earnings at $0.27 EPS, Q4 2025 earnings at $0.20 EPS, FY2025 earnings at $0.78 EPS and FY2026 earnings at $1.20 EPS.

Several other analysts also recently weighed in on CAS. Royal Bank Of Canada lifted their target price on Cascades from C$10.00 to C$11.00 and gave the stock a “sector perform” rating in a research report on Friday, August 8th. CIBC decreased their target price on Cascades from C$13.00 to C$10.00 and set a “neutral” rating for the company in a research report on Tuesday, April 22nd. TD Securities lifted their target price on Cascades from C$9.50 to C$10.00 and gave the stock a “hold” rating in a research report on Friday, August 8th. Finally, National Bankshares cut their price target on Cascades from C$14.00 to C$11.00 and set a “sector perform” rating on the stock in a research note on Thursday, April 24th. Five research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of C$11.33.

Cascades Stock Up 2.0%

TSE:CAS opened at C$9.93 on Monday. Cascades has a twelve month low of C$8.30 and a twelve month high of C$13.42. The company has a market cap of C$1.00 billion, a price-to-earnings ratio of -13.39, a price-to-earnings-growth ratio of 0.56 and a beta of 0.15. The stock has a fifty day simple moving average of C$9.20 and a 200-day simple moving average of C$9.84. The company has a current ratio of 1.22, a quick ratio of 0.86 and a debt-to-equity ratio of 121.37.

Insider Activity

In other news, Director Nelson Gentiletti purchased 6,000 shares of the business’s stock in a transaction dated Thursday, May 15th. The shares were purchased at an average price of C$8.69 per share, for a total transaction of C$52,140.00. Also, Senior Officer Allan Hogg sold 29,496 shares of the firm’s stock in a transaction on Thursday, May 15th. The shares were sold at an average price of C$8.75, for a total value of C$258,090.00. In the last 90 days, insiders have sold 119,911 shares of company stock valued at $1,068,804. Company insiders own 23.78% of the company’s stock.

About Cascades

Cascades Inc, along with its subsidiaries, produces, converts and markets packaging and tissue products composed mainly of recycled fibres. The company is organized into four main business segments: Containerboard, Boxboard Europe, Specialty Products (which constitutes packaging products), and Tissue Papers.