Lassonde Industries (TSE:LAS.A - Free Report) had its target price increased by Stifel Nicolaus from C$225.00 to C$243.00 in a research report report published on Monday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.
Other equities research analysts also recently issued reports about the company. National Bankshares increased their price target on Lassonde Industries from C$213.00 to C$223.00 and gave the stock a "sector perform" rating in a report on Monday. Canaccord Genuity Group increased their target price on Lassonde Industries from C$225.00 to C$240.00 and gave the stock a "buy" rating in a report on Monday. Finally, Desjardins upgraded Lassonde Industries from a "hold" rating to a "buy" rating and boosted their price target for the company from C$205.00 to C$255.00 in a report on Monday. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, Lassonde Industries currently has an average rating of "Moderate Buy" and an average price target of C$228.20.
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Lassonde Industries Trading Down 5.2 %
Shares of LAS.A stock traded down C$10.99 on Monday, hitting C$199.00. The stock had a trading volume of 2,244 shares, compared to its average volume of 3,059. The firm has a market cap of C$610.93 million, a P/E ratio of 13.22 and a beta of -0.15. Lassonde Industries has a twelve month low of C$132.99 and a twelve month 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. The company has a fifty day moving average price of C$190.82 and a two-hundred day moving average price of C$182.53.
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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