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Cascades (CAS) Stock Forecast & Price Target

Cascades logo
C$10.49
-0.19 (-1.78%)
(As of 10/31/2024 ET)

Cascades - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
5
Buy
1

Based on 6 Wall Street analysts who have issued ratings for Cascades in the last 12 months, the stock has a consensus rating of "Hold." Out of the 6 analysts, 5 have given a hold rating, and 1 has given a buy rating for CAS.

Consensus Price Target

C$11.08
5.66% Upside
According to the 6 analysts' twelve-month price targets for Cascades, the average price target is C$11.08. The highest price target for CAS is C$13.00, while the lowest price target for CAS is C$10.00. The average price target represents a forecasted upside of 5.66% from the current price of C$10.49.
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CAS Analyst Ratings Over Time

TypeCurrent Forecast
11/1/23 to 10/31/24
1 Month Ago
10/2/23 to 10/1/24
3 Months Ago
8/3/23 to 8/2/24
1 Year Ago
11/1/22 to 11/1/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$11.08C$11.08C$11.33C$13.70
Forecasted Upside5.66% Upside5.06% Upside19.05% Upside18.72% Upside
Consensus Rating
Hold
Hold
Hold
Hold

CAS Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CAS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Cascades Stock vs. The Competition

TypeCascadesConsumer Cyclical Companies
Consensus Rating Score
2.17
2.63
Consensus RatingHoldModerate Buy
News Sentiment Rating
Neutral News

See Recent CAS News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/12/2024Scotiabank
5 of 5 stars
 Lower TargetSector PerformC$12.00 ➝ C$11.00+18.53%
8/12/2024CIBC
3 of 5 stars
 Lower TargetNeutralC$11.00 ➝ C$10.50+13.15%
7/11/2024Royal Bank of Canada
4 of 5 stars
 Lower TargetC$11.00 ➝ C$10.00+10.86%
4/16/2024TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuyC$12.00 ➝ C$11.00+17.90%
4/11/2024National Bankshares
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$13.50 ➝ C$11.00+17.15%
3/28/2024Desjardins
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 Lower TargetHoldC$14.50 ➝ C$13.00+30.39%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 07:37 PM ET.


CAS Forecast - Frequently Asked Questions

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Cascades is C$11.08, with a high forecast of C$13.00 and a low forecast of C$10.00.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cascades in the last twelve months. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CAS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CAS, but not buy additional shares or sell existing shares.

According to analysts, Cascades's stock has a predicted upside of 5.66% based on their 12-month stock forecasts.

Cascades has been rated by research analysts at CIBC, and Scotiabank in the past 90 days.

Analysts like Cascades less than other "consumer cyclical" companies. The consensus rating for Cascades is Hold while the average consensus rating for "consumer cyclical" companies is Moderate Buy. Learn more on how CAS compares to other companies.


This page (TSE:CAS) was last updated on 10/31/2024 by MarketBeat.com Staff
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