National Bankshares Raises Lassonde Industries (TSE:LAS.A) Price Target to C$223.00

Lassonde Industries (TSE:LAS.A) had its price target upped by equities researchers at National Bankshares from C$213.00 to C$223.00 in a research note issued on Monday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. National Bankshares’ price objective suggests a potential upside of 2.86% from the stock’s previous close.

Separately, Canaccord Genuity Group upped their price target on Lassonde Industries from C$225.00 to C$240.00 and gave the stock a “buy” rating in a research note on Monday. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Lassonde Industries currently has a consensus rating of “Moderate Buy” and an average target price of C$228.20.

Lassonde Industries Stock Up 1.8 %

Shares of Lassonde Industries stock traded up C$3.80 during trading on Monday, hitting C$216.80. 1,593 shares of the stock traded hands, compared to its average volume of 2,867. The company has a debt-to-equity ratio of 19.88, a quick ratio of 0.55 and a current ratio of 1.78. The stock has a market cap of C$665.58 million, a P/E ratio of 14.41 and a beta of -0.15. The company has a fifty day moving average price of C$187.99 and a two-hundred day moving average price of C$181.48. Lassonde Industries has a twelve month low of C$132.99 and a twelve month high of C$217.00.

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.