Shares of Lassonde Industries Inc (TSE:LAS.A – Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$221.32 and traded as high as C$224.88. Lassonde Industries shares last traded at C$223.92, with a volume of 1,393 shares changing hands.
Analyst Ratings Changes
A number of equities research analysts recently commented on the company. National Bankshares set a C$237.00 price target on Lassonde Industries and gave the company a “sector perform” rating in a research report on Thursday, October 16th. Stifel Nicolaus upped their target price on shares of Lassonde Industries from C$255.00 to C$265.00 in a research note on Monday, November 10th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Lassonde Industries currently has a consensus rating of “Moderate Buy” and a consensus price target of C$249.25.
Read Our Latest Stock Analysis on Lassonde Industries
Lassonde Industries Stock Up 0.4%
Lassonde Industries (TSE:LAS.A – Get Free Report) last announced its earnings results on Thursday, November 6th. The company reported C$5.40 earnings per share (EPS) for the quarter. The firm had revenue of C$723.85 million during the quarter. Lassonde Industries had a return on equity of 10.05% and a net margin of 4.31%. On average, research analysts anticipate that Lassonde Industries Inc will post 18.9924731 EPS for the current fiscal year.
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.
Recommended Stories
- Five stocks we like better than Lassonde Industries
- Wall Street Alert: Buy AES
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- The AI Boom Is Creating a New Kind of Infrastructure Opportunity
- Trump’s Hand-Written Letter Will Shock his Haters
- Bitcoin is down but your income is about to explode
Receive News & Ratings for Lassonde Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lassonde Industries and related companies with MarketBeat.com's FREE daily email newsletter.
