Lassonde Industries (TSE:LAS.A) Receives Sector Perform Rating from National Bank Financial

Lassonde Industries (TSE:LAS.A)‘s stock had its “sector perform” rating reaffirmed by research analysts at National Bank Financial in a report issued on Monday, BayStreet.CA reports. They currently have a C$172.00 price objective on the stock. National Bank Financial’s price objective would suggest a potential upside of 8.34% from the stock’s current price.

LAS.A stock opened at C$158.76 on Monday. The firm’s 50-day moving average is C$169.16 and its 200 day moving average is C$181.21. The company has a debt-to-equity ratio of 47.84, a current ratio of 1.59 and a quick ratio of 0.61. Lassonde Industries has a 12 month low of C$156.00 and a 12 month high of C$213.52. The company has a market capitalization of $511.41 million and a PE ratio of 18.63.

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.

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