Lassonde Industries (TSE:LAS.A) Given a C$220.00 Price Target by Stifel Nicolaus Analysts

Stifel Nicolaus set a C$220.00 price objective on Lassonde Industries (TSE:LAS.AFree Report) in a research note issued to investors on Wednesday, BayStreet.CA reports. The firm currently has a buy rating on the stock.

A number of other brokerages also recently weighed in on LAS.A. National Bankshares lifted their target price on shares of Lassonde Industries from C$181.00 to C$187.00 and gave the stock an “outperform” rating in a research note on Monday, August 12th. Desjardins increased their price target on Lassonde Industries from C$175.00 to C$190.00 and gave the stock a “hold” rating in a report on Monday, August 12th.

Check Out Our Latest Report on LAS.A

Lassonde Industries Stock Up 0.0 %

Lassonde Industries stock opened at C$176.00 on Wednesday. The firm has a market cap of C$540.32 million, a price-to-earnings ratio of 11.69 and a beta of -0.15. Lassonde Industries has a 52-week low of C$127.00 and a 52-week high of C$182.00. The company has a debt-to-equity ratio of 19.88, a quick ratio of 0.55 and a current ratio of 1.78. The firm has a 50 day moving average price of C$173.57 and a two-hundred day moving average price of C$158.01.

Insider Transactions at Lassonde Industries

In other news, Director Luc Doyon purchased 500 shares of the business’s stock in a transaction on Tuesday, August 13th. The shares were acquired at an average price of C$175.00 per share, for a total transaction of C$87,500.00. Following the completion of the acquisition, the director now owns 500 shares in the company, valued at approximately C$87,500. Insiders own 2.19% of the company’s stock.

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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