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

Lassonde Industries (TSE:LAS.A) had its price objective hoisted by Desjardins from C$150.00 to C$175.00 in a research report report published on Monday morning, BayStreet.CA reports. They currently have a hold rating on the stock.

Separately, National Bankshares boosted their price objective on shares of Lassonde Industries from C$167.00 to C$173.00 and gave the company an outperform rating in a research report on Wednesday, February 28th.

Lassonde Industries Stock Performance

Lassonde Industries stock opened at C$148.76 on Monday. Lassonde Industries has a 12-month low of C$95.59 and a 12-month high of C$159.30. The company has a market capitalization of C$456.69 million, a price-to-earnings ratio of 11.59 and a beta of -0.16. The company has a debt-to-equity ratio of 21.54, a current ratio of 1.71 and a quick ratio of 0.55. The firm’s fifty day moving average price is C$149.89 and its 200 day moving average price is C$139.68.

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.