Shares of Lassonde Industries Inc (TSE:LAS.A - Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$205.69 and traded as high as C$234.00. Lassonde Industries shares last traded at C$227.62, with a volume of 1,491 shares traded.
Analyst Ratings Changes
LAS.A has been the topic of a number of recent analyst reports. National Bankshares increased their target price on Lassonde Industries from C$213.00 to C$223.00 and gave the stock a "sector perform" rating in a research note on Monday, March 31st. Canaccord Genuity Group increased their target price on Lassonde Industries from C$225.00 to C$240.00 and gave the stock a "buy" rating in a research note on Monday, March 31st. Desjardins upgraded Lassonde Industries from a "hold" rating to a "buy" rating and increased their target price for the stock from C$205.00 to C$255.00 in a research note on Monday, March 31st. Finally, Stifel Nicolaus raised their price target on Lassonde Industries from C$243.00 to C$250.00 in a research note on Monday, May 12th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, Lassonde Industries presently has an average rating of "Moderate Buy" and a consensus price target of C$229.60.
Check Out Our Latest Stock Report on LAS.A
Lassonde Industries Stock Performance
The stock has a market cap of C$698.79 million, a PE ratio of 15.12 and a beta of -0.15. The company has a quick ratio of 0.55, a current ratio of 1.78 and a debt-to-equity ratio of 19.88. The firm has a 50 day moving average price of C$205.69 and a 200 day moving average price of C$190.29.
Lassonde Industries Company Profile
(
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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.
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