Lassonde Industries (TSE:LAS.A) Given a C$237.00 Price Target at National Bankshares

National Bankshares set a C$237.00 price target on Lassonde Industries (TSE:LAS.A) in a report released on Thursday morning,BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

Separately, Stifel Nicolaus increased their target price on Lassonde Industries from C$250.00 to C$255.00 and gave the company a “buy” rating in a research note on Monday, August 11th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$246.75.

Lassonde Industries Price Performance

LAS.A stock opened at C$211.99 on Thursday. The company has a debt-to-equity ratio of 19.88, a quick ratio of 0.55 and a current ratio of 1.78. Lassonde Industries has a 1 year low of C$170.37 and a 1 year high of C$234.00. The firm has a market cap of C$1.45 billion, a P/E ratio of 12.51 and a beta of -0.57. The stock has a 50-day simple moving average of C$216.16 and a 200-day simple moving average of C$214.58.

Lassonde Industries Company Profile

Lassonde Industries Inc is engaged in the development, manufacturing, and marketing of ready-to-drink fruit and vegetable juices and drinks. It also acts as a producer of store brand shelf-stable fruit juices and drinks in the United States and a major producer of cranberry sauces. The company operates through a single segment being the development, manufacturing, and marketing of a wide range of ready-to-drink juices and drinks; frozen juice concentrates; and specialty food products; and the importation, packaging, and marketing of selected wines from several countries of origin.