Lassonde Industries (TSE:LAS.A) Given New C$223.00 Price Target at National Bankshares

Lassonde Industries (TSE:LAS.A) had its target price lifted by National Bankshares from C$213.00 to C$223.00 in a research note released on Monday morning,BayStreet.CA reports. They currently have a sector perform rating on the stock.

Separately, Canaccord Genuity Group raised their price objective on shares of Lassonde Industries from C$225.00 to C$240.00 and gave the stock a “buy” rating in a research report on Monday. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of C$228.20.

Lassonde Industries Price Performance

LAS.A stock opened at C$210.79 on Monday. The company has a quick ratio of 0.55, a current ratio of 1.78 and a debt-to-equity ratio of 19.88. The company’s fifty day simple moving average is C$188.71 and its 200 day simple moving average is C$181.75. Lassonde Industries has a 12-month low of C$132.99 and a 12-month high of C$217.00. The firm has a market cap of C$647.13 million, a price-to-earnings ratio of 14.01 and a beta of -0.15.

About Lassonde Industries

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.