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Cascades Inc (CAS-T) is seeing mixed reviews from experts. While some are optimistic about the company's growth potential, specifically with the new facility and strong demand in containerboard, others are concerned about the overbudget facility and the competitive tissue market. The company has focused on debt reduction and has streamlined its operations through the sale of its European division. Overall, the stock is considered to have potential but may take time to see a return on investment.
It is halfway between the bottom and top of its chart. It shouldn't be overly troubled by a recession but like many other companies would be affected.
Likes it, though shares have been down the past year. They fixed their operational issues. Demand remains strong in container board, and they opened a facility in Virginia which could raise margins. They sold their European division, so are more streamlined in operations. Pays around a 4% dividend. Still likes it.
They've been hit by a lot of input costs, which may be easing now. It's hard to raise prices on tissue paper and costs have been rising on recycled fibre. Their new container board factory will operate soon. CAS is selling at the low end of its range historically. But be patient until the stock price doubles or even triples.
(Analysts’ price target is $9.83)
Cascades Inc is a Canadian stock, trading under the symbol CAS-T on the Toronto Stock Exchange (CAS-CT). It is usually referred to as TSX:CAS or CAS-T
In the last year, 2 stock analysts published opinions about CAS-T. 0 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Cascades Inc.
Cascades Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Cascades Inc.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Cascades Inc In the last year. It is a trending stock that is worth watching.
On 2024-04-19, Cascades Inc (CAS-T) stock closed at a price of $9.29.
Huge new facility is coming onstream, and fundamentals in containerboard are more solid than in the very competitive tissue market. Facility over budget, so will take a while to get a return. Focused on debt reduction.