RBC sets CAD 21.00 target for Cascades stock

Published on 10/20/2026 at 21:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cascades reports Q3 results on November 5, 2026. Cascades stock costs EUR 11.10 on October 20, 2026 after the Xetra close at 9:14 p.m. CEST.

Targets dates and earnings

RBC Capital maintained a Buy rating and set a CAD 21.00 target on October 16, 2026.
Cascades will release third-quarter 2026 results on November 5, 2026.
Cascades stock costs EUR 11.10 at Lang & Schwarz on October 20, 2026 at 9:14 p.m. CEST.
Second-quarter revenue reached CAD 1.22 billion and net income was CAD 21.0 million.

CAS, CA1469001053, Illustration mit AI erstellt.

RBC Capital maintained its Buy rating on Cascades and set a CAD 21.00 price target on October 16, 2026, according to Markets Insider. Against the TSX price of CAD 17.59, the target stands 19.39 percent above the stock. Cascades was trading at EUR 11.10 at Lang & Schwarz on October 20, 2026 at 9:14 p.m. CEST.

Results set the next date

Cascades is scheduled to release its third-quarter 2026 results before the market opens on November 5, 2026, with a conference call at 9:00 a.m. EST, according to the company's investor-relations page. The date gives the CAD 21.00 target a near-term earnings checkpoint rather than leaving the analyst view detached from an operating update.

Second-quarter profit improved

Cascades reported CAD 1.22 billion of revenue for the second quarter of 2026, up 2.70 percent from the year-earlier period. Net income reached CAD 21.0 million, an improvement of CAD 24.0 million from the second quarter of 2025, while earnings per share came to CAD 0.21 versus a CAD 0.03 loss, according to Simply Wall St. The comparison points to a better profit result even as revenue growth remained moderate.

Price sits below the target

The latest TSX quote was CAD 17.59 on October 20, 2026 at 3:20 p.m. EDT. Cascades had a market capitalization of CAD 1.8 billion, a price-to-earnings ratio of 14.19 and a 52-week range of CAD 9.77 to CAD 18.86. The current TSX price is 6.74 percent below the 52-week high, leaving the CAD 21.00 RBC target 19.39 percent above the quoted level.

What comes next for valuation?

The November 5 report is the next dated test for the improvement shown in the second quarter. The latest quarterly figures provide a CAD 1.22 billion revenue base, CAD 21.0 million of net income and CAD 0.21 of earnings per share for comparison with the coming quarter.

Stock price and reporting date

Cascades operates in packaging and tissue products and is listed on the TSX under CAS. Its EUR 11.10 Lang & Schwarz quote on October 20, 2026 at 9:14 p.m. CEST provides the German-market view, while the TSX price and CAD 21.00 target remain the relevant currency pair for the analyst comparison.

The further course of trading is shown by the continuously updated real-time quote of Cascades stock.