Cascades (OTCMKTS:CADNF – Get Free Report) will likely be announcing its results before the market opens on Thursday, May 7th. Analysts expect the company to announce earnings of $0.0507 per share and revenue of $818.3240 million for the quarter.
Cascades Stock Performance
Shares of CADNF stock opened at $7.85 on Tuesday. Cascades has a 1 year low of $5.98 and a 1 year high of $10.22. The firm’s 50 day moving average is $8.32 and its 200-day moving average is $8.74.
Analysts Set New Price Targets
Separately, Scotiabank reiterated an “outperform” rating on shares of Cascades in a research report on Tuesday, January 27th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Cascades presently has a consensus rating of “Moderate Buy”.
Cascades Company Profile
Cascades Inc is a Canadian leader in the production, conversion and marketing of packaging and tissue products composed mainly of recycled fibres. Headquartered in Kingsey Falls, Quebec, the company operates a network of manufacturing facilities across North America and Europe. Since its founding in 1964, Cascades has focused on sustainable solutions that meet the needs of consumer goods companies, retailers and foodservice businesses.
The company’s operations are organized into three primary segments: packaging specialties, tissue papers and recovery and recycling.
See Also
Receive News & Ratings for Cascades Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cascades and related companies with MarketBeat.com's FREE daily email newsletter.
