Blackrock Muni New York Interme (MNE) Forms $13.00 Double Bottom; Cascades Inc. (TSE:CAS) Covered By 2 Bulls

Among 5 analysts covering Cascades Inc. (TSE:CAS), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Cascades Inc. had 37 analyst reports since August 10, 2015 according to SRatingsIntel. On Friday, October 16 the stock rating was downgraded by Dundee Securities to “Neutral”. The stock has “Buy” rating by TD Securities on Monday, August 10. TD Securities downgraded the stock to “Hold” rating in Thursday, January 14 report. The stock of Cascades Inc. (TSE:CAS) has “Sector Perform” rating given on Tuesday, December 5 by Scotia Capital. As per Wednesday, April 19, the company rating was downgraded by RBC Capital Markets. The firm earned “Outperform” rating on Tuesday, October 25 by Scotia Capital. On Friday, March 3 the stock rating was maintained by TD Securities with “Buy”. As per Thursday, December 8, the company rating was maintained by TD Securities. The firm has “Sector Perform” rating given on Friday, September 4 by RBC Capital Markets. Desjardins Securities upgraded it to “Buy” rating and $15.50 target in Wednesday, December 6 report. See Cascades Inc. (TSE:CAS) latest ratings:

06/12/2017 Broker: Desjardins Securities Old Rating: Hold New Rating: Buy Old Target: $15.00 New Target: $15.50 Upgrade
05/12/2017 Broker: Scotia Capital Rating: Sector Perform New Target: $18.00 Maintain
10/11/2017 Broker: National Bank Canada Rating: Outperform Old Target: $21.00 New Target: $18.50 Target Down
10/11/2017 Broker: Scotia Capital Rating: Sector Perform Old Target: $16.75 New Target: $18.00 Target Up
10/11/2017 Broker: TD Securities Rating: Hold Old Target: $18.00 New Target: $16.50 Target Down
13/10/2017 Broker: National Bank Canada Rating: Outperform Old Target: $19.00 New Target: $21.00 Target Up

Blackrock Muni New York Interme (MNE) formed double bottom with $12.22 target or 6.00% below today’s $13.00 share price. Blackrock Muni New York Interme (MNE) has $54.73M valuation. The stock decreased 0.23% or $0.03 during the last trading session, reaching $13. About 8,982 shares traded. Blackrock Muni New York Interme (NYSE:MNE) has declined 9.63% since February 28, 2017 and is downtrending. It has underperformed by 26.33% the S&P500.

Cascades Inc., together with its subsidiaries, produces, converts, and markets packaging and tissue products in Canada, the United States, and Europe. The company has market cap of $1.52 billion. The firm operates through four divisions: Containerboard, Boxboard Europe, Specialty Products, and Tissue Papers. It has a 3.43 P/E ratio. It makes coated recycled and virgin boxboards, and containerboards, as well as converts corrugated products.

The stock decreased 0.75% or $0.12 during the last trading session, reaching $15.96. About 153,000 shares traded. Cascades Inc. (TSE:CAS) has 0.00% since February 28, 2017 and is . It has underperformed by 16.70% the S&P500.

Investors sentiment decreased to 0.3 in Q3 2017. Its down 0.20, from 0.5 in 2017Q2. It dropped, as 2 investors sold Blackrock Muni New York Interme shares while 8 reduced holdings. 2 funds opened positions while 1 raised stakes. 468,684 shares or 13.45% less from 541,511 shares in 2017Q2 were reported. Raymond James Advsr reported 0% in Blackrock Muni New York Interme (NYSE:MNE). Mariner Inv Gp Limited Liability Company accumulated 0.11% or 12,977 shares. Savings Bank Of America De invested 0% in Blackrock Muni New York Interme (NYSE:MNE). Wells Fargo Mn holds 0% of its portfolio in Blackrock Muni New York Interme (NYSE:MNE) for 7,704 shares. Joel Isaacson & Co Ltd has 10,000 shares for 0.03% of their portfolio. Moreover, Horizon Kinetics Ltd has 0.01% invested in Blackrock Muni New York Interme (NYSE:MNE). Wolverine Asset Lc owns 22,146 shares. 50,567 were accumulated by Karpus Mgmt. Focused Wealth Mngmt Incorporated accumulated 13,351 shares. Morgan Stanley owns 56,288 shares or 0% of their US portfolio. 69,676 were reported by Invesco Ltd. 6,500 were reported by Royal Bancshares Of Canada. Raymond James And Associate reported 10,345 shares or 0% of all its holdings.