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 lifted by Canaccord Genuity Group from C$175.00 to C$180.00 in a research report released on Monday morning, BayStreet.CA reports. They currently have a buy rating on the stock.

Several other research firms also recently weighed in on LAS.A. National Bankshares set a C$182.00 price objective on Lassonde Industries and gave the company an outperform rating in a report on Monday. Desjardins increased their price objective on Lassonde Industries from C$150.00 to C$175.00 and gave the stock a hold rating in a research report on Monday, March 25th.

Lassonde Industries Stock Performance

Shares of LAS.A opened at C$150.88 on Monday. The stock has a 50 day moving average price of C$144.88 and a 200 day moving average price of C$145.57. 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$463.20 million, a price-to-earnings ratio of 10.93 and a beta of -0.16. Lassonde Industries has a 52-week low of C$99.81 and a 52-week 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.