Lassonde Industries (TSE:LAS.A) Price Target Increased to C$180.00 by Analysts 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 report sent to investors on Monday, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Several other research firms have also issued reports on LAS.A. National Bankshares set a C$182.00 price target on Lassonde Industries and gave the stock an outperform rating in a research report on Monday. Desjardins raised their target price on shares of Lassonde Industries from C$150.00 to C$175.00 and gave the stock a hold rating in a report on Monday, March 25th.

Lassonde Industries Stock Performance

Shares of TSE LAS.A opened at C$149.99 on Monday. The stock has a market cap of C$460.47 million, a price-to-earnings ratio of 10.86 and a beta of -0.16. The stock’s 50-day moving average is C$144.59 and its 200 day moving average is C$145.38. The company has a current ratio of 1.72, a quick ratio of 0.55 and a debt-to-equity ratio of 21.56. Lassonde Industries has a 1-year low of C$98.00 and a 1-year high of C$159.30.

Lassonde Industries Company Profile

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.