Lassonde Industries (TSE:LAS.A) Given New C$187.00 Price Target at National Bankshares

Lassonde Industries (TSE:LAS.A) had its price target lifted by National Bankshares from C$181.00 to C$187.00 in a report published on Monday, BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

A number of other research analysts also recently issued reports on the company. Desjardins boosted their price target on Lassonde Industries from C$175.00 to C$190.00 and gave the company a hold rating in a report on Monday. Canaccord Genuity Group boosted their target price on shares of Lassonde Industries from C$175.00 to C$180.00 and gave the company a buy rating in a research note on Monday, June 24th.

Lassonde Industries Stock Down 2.5 %

Shares of LAS.A opened at C$168.32 on Monday. Lassonde Industries has a 52 week low of C$123.91 and a 52 week high of C$175.00. The company has a quick ratio of 0.55, a current ratio of 1.72 and a debt-to-equity ratio of 21.56. The company has a market capitalization of C$516.74 million, a price-to-earnings ratio of 12.19 and a beta of -0.16. The stock’s 50-day moving average price is C$153.98 and its 200-day moving average price is C$150.12.

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.