Stifel Nicolaus Forecasts Strong Price Appreciation for Lassonde Industries (TSE:LAS.A) Stock

Lassonde Industries (TSE:LAS.A) had its target price lifted by Stifel Nicolaus from C$220.00 to C$225.00 in a report released on Monday morning,BayStreet.CA reports.

LAS.A has been the topic of a number of other reports. Desjardins boosted their price target on Lassonde Industries from C$175.00 to C$190.00 and gave the stock a “hold” rating in a report on Monday, August 12th. National Bankshares boosted their target price on shares of Lassonde Industries from C$181.00 to C$187.00 and gave the stock an “outperform” rating in a report on Monday, August 12th.

Lassonde Industries Trading Down 1.0 %

Shares of LAS.A stock opened at C$188.99 on Monday. The firm has a market capitalization of C$580.20 million, a PE ratio of 12.56 and a beta of -0.15. The company has a debt-to-equity ratio of 19.88, a quick ratio of 0.55 and a current ratio of 1.78. The stock has a fifty day simple moving average of C$174.88 and a two-hundred day simple moving average of C$160.43. Lassonde Industries has a 52-week low of C$127.61 and a 52-week high of C$191.00.

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.