Lassonde Industries (TSE:LAS.A) Given New C$240.00 Price Target at Canaccord Genuity Group

Lassonde Industries (TSE:LAS.A) had its price target increased by analysts at Canaccord Genuity Group from C$225.00 to C$240.00 in a report released on Monday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 10.70% from the company’s previous close.

Lassonde Industries Trading Up 1.8 %

LAS.A stock traded up C$3.80 during trading on Monday, hitting C$216.80. The company had a trading volume of 1,593 shares, compared to its average volume of 2,867. The stock has a market cap of C$665.58 million, a PE ratio of 14.41 and a beta of -0.15. The business has a 50-day moving average of C$187.99 and a 200-day moving average of C$181.48. The company has a current ratio of 1.78, a quick ratio of 0.55 and a debt-to-equity ratio of 19.88. Lassonde Industries has a one year low of C$132.99 and a one year high of C$217.00.

Lassonde Industries Company Profile

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.