Lassonde Industries (TSE:LAS) Cut to Hold at National Bank Financial

National Bank Financial downgraded shares of Lassonde Industries (TSE:LAS) from a strong-buy rating to a hold rating in a report published on Sunday morning,Zacks.com reports. National Bank Financial also issued estimates for Lassonde Industries’ Q4 2024 earnings at $4.21 EPS.

Separately, Stifel Canada raised shares of Lassonde Industries to a “strong-buy” rating in a research report on Tuesday, October 22nd.

Lassonde Industries Price Performance

Lassonde Industries has a fifty-two week low of C$209.50 and a fifty-two week high of C$269.18.

Lassonde Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Wednesday, November 20th will be issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of ∞. The ex-dividend date is Wednesday, November 20th.

Lassonde Industries Company Profile

Lassonde Industries Inc is a Canada-based company, which develops, manufactures and markets a range of ready-to-drink fruit and vegetable juices and drinks. The Company is a producer of store brand shelf-stable fruit juices and drinks in the United States and a producer of cranberry sauces. The Company operates in two market segments: the retail segment and the food service segment.