Lassonde Industries (TSE:LAS.A - Free Report) had its price objective hoisted by National Bankshares from C$213.00 to C$223.00 in a research report report published on Monday morning,BayStreet.CA reports. They currently have a sector perform rating on the stock.
Separately, Canaccord Genuity Group boosted their price target on Lassonde Industries from C$225.00 to C$240.00 and gave the stock a "buy" rating in a research report on Monday. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of C$228.20.
Read Our Latest Research Report on LAS.A
Lassonde Industries Stock Down 5.2 %
TSE:LAS.A traded down C$10.99 during mid-day trading on Monday, hitting C$199.00. The company had a trading volume of 2,244 shares, compared to its average volume of 3,059. The business has a fifty day simple moving average of C$190.82 and a 200-day simple moving average of C$182.53. The firm has a market capitalization of C$610.93 million, a price-to-earnings ratio of 13.22 and a beta of -0.15. Lassonde Industries has a 1 year low of C$132.99 and a 1 year high of C$217.00. The company has a current ratio of 1.78, a quick ratio of 0.55 and a debt-to-equity ratio of 19.88.
About Lassonde Industries
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Lassonde Industries Inc, together with its subsidiaries, develops, manufactures, and markets various ready-to-drink fruit and vegetable juices and drinks in Canada, the United States, and internationally. The company also offers cranberry sauces; and develops, manufactures, and markets specialty food products, including fondue broths and sauces, packaged corn-on-the-cob, and pasta sauces.
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