Lassonde Industries (TSE:LAS.A) Price Target Raised to C$250.00

Lassonde Industries (TSE:LAS.A) had its price objective upped by Stifel Nicolaus from C$243.00 to C$250.00 in a research note released on Monday,BayStreet.CA reports.

Several other equities analysts have also weighed in on LAS.A. National Bankshares raised their price objective on shares of Lassonde Industries from C$213.00 to C$223.00 and gave the company a “sector perform” rating in a research report on Monday, March 31st. Desjardins raised shares of Lassonde Industries from a “hold” rating to a “buy” rating and lifted their price objective for the company from C$205.00 to C$255.00 in a research note on Monday, March 31st. Finally, Canaccord Genuity Group upped 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 report on Monday, March 31st. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of C$229.60.

Lassonde Industries Stock Performance

Shares of TSE LAS.A opened at C$219.21 on Monday. The company has a debt-to-equity ratio of 19.88, a current ratio of 1.78 and a quick ratio of 0.55. Lassonde Industries has a one year low of C$132.99 and a one year high of C$221.00. The business’s 50-day moving average price is C$202.50 and its two-hundred day moving average price is C$188.95. The company has a market capitalization of C$672.97 million, a P/E ratio of 14.57 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.