Cascades’ (CADNF) “Buy” Rating Reaffirmed at Royal Bank of Canada

Royal Bank of Canada reissued their buy rating on shares of Cascades (OTCMKTS:CADNF) in a research report sent to investors on Tuesday.

CADNF has been the subject of a number of other reports. Scotiabank restated a buy rating on shares of Cascades in a report on Friday, January 4th. TD Securities downgraded shares of Cascades from a buy rating to a hold rating in a report on Monday, January 7th. Finally, CIBC downgraded shares of Cascades from an outperform rating to an underperform rating in a report on Monday, December 24th.

Cascades stock opened at $8.00 on Tuesday. Cascades has a 1 year low of $6.84 and a 1 year high of $13.09.

About Cascades

Cascades Inc produces, converts, and markets packaging and tissue products in Canada, the United States, and internationally. The company operates through four segments: Containerboard, Boxboard Europe, Specialty Products, and Tissue Papers. It offers containerboards, and coated recycled and virgin boxboards, as well as converts corrugated products.

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