RBC sets CAD 21.00 target for Cascades stock, 16.60 percent above price
Published on 10/17/2026 at 22:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target shapes the view
- RBC Capital set a CAD 21.00 target for Cascades on October 16, 2026.
- Cascades will release third-quarter results on November 5, 2026.
- Cascades stock last traded at CAD 18.01 on October 16, 2026, up 0.67 percent versus the prior TSX close.
- Cascades had a P/E ratio of 14.52 and a market capitalization of CAD 1.8 billion.
RBC Capital analyst Matt McKellar maintained a Buy rating and set a CAD 21.00 price target for Cascades on October 16, 2026, according to Markets Insider. The target stands 16.60 percent above the last TSX price of CAD 18.01. Cascades stock was last at CAD 18.01 on October 16, 2026 at 4:00 p.m. ET, up 0.67 percent from the prior TSX close.
Results date sets the next marker
Cascades will release its third-quarter 2026 financial results before the market opens on November 5, 2026, and will hold a conference call at 9:00 a.m. ET, according to the company's investor page. The date gives the analyst target a near-term test, because the next report will provide the first new operating figures after the second quarter.
Stock sits near its yearly high
The last TSX price of CAD 18.01 was CAD 0.85 below the 52-week high of CAD 18.86 and CAD 7.76 above the 52-week low of CAD 10.25 on October 16, 2026. The same quote carried volume of 334,557 shares against an average volume of 557,916 shares. Cascades had a P/E ratio of 14.52 and a dividend yield of 3.00 percent on that date.
On October 8, 2026, Cascades said its new greenhouse-gas emissions reduction targets had been approved by the Science Based Targets initiative, according to Cascades.
Comparison with peers
Cascades (TSX, CAD): plus 0.67 percent, P/E 14.52, market capitalization CAD 1.8 billion
International Paper (NYSE, USD): minus 0.15 percent, P/E minus 5.22, market capitalization USD 18.0 billion
Sonoco Products (NYSE, USD): plus 0.26 percent, P/E 7.68, market capitalization USD 4.9 billion
Valuation and company scale
Cascades had a market capitalization of CAD 1.8 billion on October 16, 2026. The company operates across packaging, tissue papers and specialty products and employed 8,900 people, according to its company profile. Its second-quarter 2026 revenue was CAD 1.219 billion and net income was CAD 21.00 million.
Stock stays below the high
Cascades stock was last at CAD 18.01 on the TSX on October 16, 2026 at 4:00 p.m. ET, up 0.67 percent versus the prior TSX close.
Cascades stock at a glance
- Company: Cascades Inc.
- ISIN: CA1469001053
- Ticker: CAS
- Primary exchange: TSX
- Price TSX (as of October 16, 2026, 4:00 p.m. ET): CAD 18.01
- Change versus prior TSX close: plus 0.67 percent
- Market capitalization: CAD 1.8 billion (as of October 16, 2026)
- 52-week range: CAD 10.25-18.86 (as of October 16, 2026)
- Sector / Industry: Consumer Cyclical / Packaging and Containers
- Next earnings date: November 5, 2026
Market context: Market report S&P/TSX Composite.
