Lassonde Industries (TSE:LAS.A) Stock Price Expected to Rise, National Bankshares Analyst Says

Lassonde Industries (TSE:LAS.A) had its price target increased by research analysts at National Bankshares from C$213.00 to C$223.00 in a research note issued on Monday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bankshares’ price objective indicates a potential upside of 4.69% from the company’s previous close.

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

Lassonde Industries Trading Up 1.0 %

Lassonde Industries stock opened at C$213.00 on Monday. Lassonde Industries has a 52-week low of C$132.99 and a 52-week high of C$217.00. The company has a market cap of C$653.91 million, a P/E ratio of 14.15 and a beta of -0.15. The company has a quick ratio of 0.55, a current ratio of 1.78 and a debt-to-equity ratio of 19.88. The business has a 50-day simple moving average of C$189.45 and a two-hundred day simple moving average of C$182.05.

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.