Desjardins Raises Lassonde Industries (TSE:LAS.A) Price Target to C$175.00

Lassonde Industries (TSE:LAS.A) had its price objective upped by Desjardins from C$150.00 to C$175.00 in a research note issued to investors on Monday, BayStreet.CA reports. Desjardins currently has a hold rating on the stock.

Separately, National Bankshares lifted their price target on Lassonde Industries from C$167.00 to C$173.00 and gave the stock an outperform rating in a report on Wednesday, February 28th.

Lassonde Industries Stock Down 2.1 %

Shares of TSE:LAS.A opened at C$148.76 on Monday. The business’s 50 day simple moving average is C$149.89 and its two-hundred day simple moving average is C$139.68. The firm has a market cap of C$456.69 million, a P/E ratio of 11.59 and a beta of -0.16. The company has a debt-to-equity ratio of 21.54, a quick ratio of 0.55 and a current ratio of 1.71. Lassonde Industries has a 52-week low of C$95.59 and a 52-week high of C$159.30.

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.