National Bank Financial Boosts Lassonde Industries (TSE:LAS.A) Price Target to C$258.00

Lassonde Industries (TSE:LAS.A) had its target price increased by stock analysts at National Bank Financial from C$247.00 to C$258.00 in a note issued to investors on Friday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. National Bank Financial’s target price would indicate a potential upside of 11.69% from the company’s current price.

Separately, Stifel Nicolaus upped their price target on Lassonde Industries from C$255.00 to C$265.00 in a research note on Monday, November 10th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Lassonde Industries has a consensus rating of “Moderate Buy” and a consensus target price of C$254.50.

Lassonde Industries Trading Down 3.7%

TSE:LAS.A opened at C$231.00 on Friday. 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 1-year low of C$181.50 and a 1-year high of C$253.85. The firm has a market capitalization of C$1.58 billion, a price-to-earnings ratio of 12.83 and a beta of -0.63. The business’s 50-day moving average price is C$226.58 and its two-hundred day moving average price is C$221.22.

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.