Lassonde Industries (TSE:LAS.A) Given New C$180.00 Price Target at Canaccord Genuity Group

Lassonde Industries (TSE:LAS.A) had its price objective upped by Canaccord Genuity Group from C$175.00 to C$180.00 in a research note released on Monday, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

A number of other research firms also recently weighed in on LAS.A. Desjardins upped their price target on shares of Lassonde Industries from C$150.00 to C$175.00 and gave the stock a hold rating in a research note on Monday, March 25th. National Bankshares set a C$182.00 price target on shares of Lassonde Industries and gave the stock an outperform rating in a research note on Monday.

Lassonde Industries Trading Down 0.6 %

TSE LAS.A opened at C$149.31 on Monday. Lassonde Industries has a 1-year low of C$98.00 and a 1-year high of C$159.30. The company has a current ratio of 1.72, a quick ratio of 0.55 and a debt-to-equity ratio of 21.56. The company has a market capitalization of C$458.38 million, a PE ratio of 10.81 and a beta of -0.16. The firm’s fifty day simple moving average is C$144.76 and its 200-day simple moving average is C$145.53.

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.