Stifel Nicolaus Analysts Give Lassonde Industries (TSE:LAS.A) a C$220.00 Price Target

Stifel Nicolaus set a C$220.00 price objective on Lassonde Industries (TSE:LAS.A) in a report issued on Wednesday, BayStreet.CA reports. The firm currently has a buy rating on the stock.

A number of other brokerages have also weighed in on LAS.A. National Bankshares lifted their price target on shares of Lassonde Industries from C$181.00 to C$187.00 and gave the company an “outperform” rating in a research note on Monday, August 12th. Desjardins raised their price objective on shares of Lassonde Industries from C$175.00 to C$190.00 and gave the stock a “hold” rating in a report on Monday, August 12th.

Lassonde Industries Trading Up 0.0 %

LAS.A opened at C$176.00 on Wednesday. The firm’s fifty day moving average is C$173.57 and its two-hundred day moving average is C$158.01. The firm has a market cap of C$540.32 million, a PE ratio of 11.69 and a beta of -0.15. Lassonde Industries has a twelve month low of C$127.00 and a twelve month high of C$182.00. The company has a debt-to-equity ratio of 19.88, a quick ratio of 0.55 and a current ratio of 1.78.

Insider Buying and Selling at Lassonde Industries

In related news, Director Luc Doyon acquired 500 shares of the stock in a transaction that occurred on Tuesday, August 13th. The stock was acquired at an average cost of C$175.00 per share, for a total transaction of C$87,500.00. Following the transaction, the director now directly owns 500 shares in the company, valued at C$87,500. Company insiders own 2.19% of the company’s stock.

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.