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

Posted by Donna Armstrong on Oct 27th, 2024

Stifel Nicolaus set a C$220.00 price objective on Lassonde Industries (TSE:LAS.A – Free Report) in a research report sent to investors on Wednesday, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

A number of other research analysts also recently issued reports on the stock. Desjardins upped their target price on shares of Lassonde Industries from C$175.00 to C$190.00 and gave the company a “hold” rating in a research report on Monday, August 12th. National Bankshares upped their target price on shares of Lassonde Industries from C$181.00 to C$187.00 and gave the company an “outperform” rating in a research report on Monday, August 12th.

Check Out Our Latest Stock Analysis on LAS.A

Lassonde Industries Stock Up 0.0 %

Shares of TSE LAS.A opened at C$176.00 on Wednesday. The firm’s 50-day simple moving average is C$173.57 and its 200 day simple moving average is C$158.08. The company has a market cap of C$540.32 million, a price-to-earnings ratio of 11.69 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. Lassonde Industries has a 12-month low of C$127.00 and a 12-month high of C$182.00.

Insider Transactions at Lassonde Industries

In related news, Director Luc Doyon acquired 500 shares of the business’s stock in a transaction dated Tuesday, August 13th. The stock was bought at an average price of C$175.00 per share, with a total value of C$87,500.00. Following the acquisition, the director now owns 500 shares in the company, valued at C$87,500. Company insiders own 2.19% of the company’s stock.

About Lassonde Industries

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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.