Lassonde Industries (TSE:LAS.A) Given a C$237.00 Price Target by National Bankshares Analysts

Lassonde Industries (TSE:LAS.A) received a C$237.00 target price from research analysts at National Bankshares in a report released on Thursday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bankshares’ price objective would indicate a potential upside of 11.81% from the stock’s current price.

Separately, Stifel Nicolaus increased their price target on shares of Lassonde Industries from C$250.00 to C$255.00 and gave the company a “buy” rating in a research note on Monday, August 11th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$246.75.

Lassonde Industries Price Performance

LAS.A opened at C$211.97 on Thursday. Lassonde Industries has a one year low of C$170.37 and a one year high of C$234.00. The company has a debt-to-equity ratio of 19.88, a current ratio of 1.78 and a quick ratio of 0.55. The company’s 50 day simple moving average is C$216.13 and its 200-day simple moving average is C$214.57. The stock has a market capitalization of C$1.45 billion, a P/E ratio of 12.51 and a beta of -0.57.

Lassonde Industries Company Profile

Lassonde Industries Inc is engaged in the development, manufacturing, and marketing of ready-to-drink fruit and vegetable juices and drinks. It also acts as a producer of store brand shelf-stable fruit juices and drinks in the United States and a major producer of cranberry sauces. The company operates through a single segment being the development, manufacturing, and marketing of a wide range of ready-to-drink juices and drinks; frozen juice concentrates; and specialty food products; and the importation, packaging, and marketing of selected wines from several countries of origin.