Lassonde Industries (TSE:LAS.A) Given New C$243.00 Price Target at Stifel Nicolaus

Lassonde Industries (TSE:LAS.A) had its price objective hoisted by Stifel Nicolaus from C$225.00 to C$243.00 in a report published on Monday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Other analysts have also issued reports about the stock. Desjardins upgraded shares of Lassonde Industries from a “hold” rating to a “buy” rating and increased their price target for the company from C$205.00 to C$255.00 in a research report on Monday. Canaccord Genuity Group lifted their price objective on Lassonde Industries from C$225.00 to C$240.00 and gave the stock a “buy” rating in a research report on Monday. Finally, National Bankshares raised their price target on shares of Lassonde Industries from C$213.00 to C$223.00 and gave the stock a “sector perform” rating in a research note on Monday. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Lassonde Industries presently has an average rating of “Moderate Buy” and an average price target of C$228.20.

Lassonde Industries Trading Down 1.0 %

Shares of LAS.A stock opened at C$210.79 on Monday. The stock has a market cap of C$647.13 million, a P/E ratio of 14.01 and a beta of -0.15. The company has a quick ratio of 0.55, a current ratio of 1.78 and a debt-to-equity ratio of 19.88. Lassonde Industries has a fifty-two week low of C$132.99 and a fifty-two week high of C$217.00. The business has a fifty day simple moving average of C$188.71 and a 200-day simple moving average of C$181.75.

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.