Cascades (TSE:CAS) Price Target Cut to C$14.00 by Analysts at National Bank Financial

Cascades (TSE:CAS) had its price objective reduced by National Bank Financial from C$15.00 to C$14.00 in a research report report published on Monday,BayStreet.CA reports. National Bank Financial currently has a sector perform rating on the stock.

Other equities research analysts also recently issued reports about the company. Scotiabank lifted their target price on Cascades from C$13.50 to C$16.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 27th. TD Securities cut their price target on shares of Cascades from C$16.00 to C$15.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Desjardins cut their price target on shares of Cascades from C$15.00 to C$13.00 and set a “hold” rating for the company in a research note on Monday. Finally, Royal Bank Of Canada raised their price target on shares of Cascades from C$14.00 to C$16.00 and gave the stock an “outperform” rating in a research note on Thursday, December 18th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Cascades currently has a consensus rating of “Moderate Buy” and an average target price of C$14.25.

Cascades Stock Up 0.6%

CAS stock opened at C$10.75 on Monday. Cascades has a twelve month low of C$8.30 and a twelve month high of C$14.20. The company has a market cap of C$1.09 billion, a PE ratio of 15.58, a price-to-earnings-growth ratio of 0.56 and a beta of 0.99. The business’s 50-day simple moving average is C$12.20 and its 200 day simple moving average is C$12.01. The company has a quick ratio of 0.86, a current ratio of 1.43 and a debt-to-equity ratio of 112.96.

Cascades (TSE:CAS) last released its earnings results on Thursday, February 26th. The company reported C$0.40 earnings per share for the quarter. Cascades had a return on equity of 4.11% and a net margin of 1.47%.The business had revenue of C$1.20 billion for the quarter. On average, research analysts anticipate that Cascades will post 1.2959309 earnings per share for the current year.

Cascades Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 26th were paid a dividend of $0.12 per share. The ex-dividend date was Thursday, March 12th. This represents a $0.48 dividend on an annualized basis and a yield of 4.5%. Cascades’s dividend payout ratio (DPR) is currently 69.57%.

Key Headlines Impacting Cascades

Here are the key news stories impacting Cascades this week:

• Positive Sentiment: Scotiabank lowered its price target to C$14.50 from C$16.75 but maintained an “outperform” rating, implying continued confidence and a material upside to the current share price. Scotiabank note
• Neutral Sentiment: Multiple media outlets issued winter‑storm watches/warnings for the Cascades mountain range (possible heavy snow and gusty winds). These are geographic weather stories and not about Cascades Inc.; they should have little to no direct impact on CAS’s fundamentals. The News Tribune Yahoo OregonLive
• Negative Sentiment: Desjardins trimmed its price target from C$15.00 to C$13.00 and kept a “hold” rating — a downward revision that can weigh on sentiment. BayStreet.CA
• Negative Sentiment: National Bank Financial reduced its target to C$14.00 from C$15.00 and maintained a “sector perform” rating — another modest cut that may temper near‑term upside expectations. BayStreet.CA

Cascades Company Profile

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. The business activity of the company functions in Canada, the United States, Italy, and other countries. Its customer base includes food processing companies, the maintenance industry, accommodations, and housing industry, micro-businesses, and boutiques.