Hamir Patel, analyst at CIBC, reiterates coverage on Cascades Inc (CADNF) in the Basic Material sector with a Buy rating. TipRanks.com has Patel rated as a 5 star analyst with a 25% return on investment and a 57% success rate. Patel has set a price target of $16.00 .
TipRanks.com reports that CADNF currently has 7 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $15.75 . The target pricing ranges from a high forecast of $16.08 down to a low forecast of $14.91 .
CADNF’s last closing price was $12.36 which would put the average price target at 27.43% upside.
In addition, TradingView issued a No Analysis rating for CADNF over the next month.
Remember, securities are volatile, so please do your own research on CADNF.
Other analysts covering CADNF include:
- Frederic Tremblay of Desjardins issued a buy rate with the price target of $15 on July 7th
- Sean Steuart of TD Securities issued a buy rate with the price target of $16 on July 6th
- Mark Wilde of BMO Capital issued a buy rate with the price target of $16 on July 6th
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