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Analysts Offer Insights on Materials Companies: Cascades (OtherCADNF) and CubicFarm Systems (OtherCUBXF)

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Analysts have been eager to weigh in on the Materials sector with new ratings on Cascades (CADNFResearch Report) and CubicFarm Systems (CUBXFResearch Report).

Cascades (CADNF)

TD Securities analyst Sean Steuart maintained a Hold rating on Cascades today and set a price target of C$15.50. The company’s shares closed last Wednesday at $10.94.

According to TipRanks.com, Steuart is a 4-star analyst with an average return of 11.6% and a 58.9% success rate. Steuart covers the Basic Materials sector, focusing on stocks such as West Fraser Timber Co, Interfor, and Canfor.

Currently, the analyst consensus on Cascades is a Moderate Buy with an average price target of $14.72.

See the top stocks recommended by analysts >>

CubicFarm Systems (CUBXF)

In a report released today, Steve Hansen from Raymond James maintained a Buy rating on CubicFarm Systems, with a price target of C$2.30. The company’s shares closed last Wednesday at $0.91.

Hansen has an average return of 30.7% when recommending CubicFarm Systems.

According to TipRanks.com, Hansen is ranked #3469 out of 7761 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CubicFarm Systems with a $1.81 average price target.

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