Lassonde Industries Inc (TSE:LAS.A – Get Free Report) shares hit a new 52-week high on Friday . The company traded as high as C$186.02 and last traded at C$186.02, with a volume of 5231 shares trading hands. The stock had previously closed at C$175.50.
Analysts Set New Price Targets
A number of research analysts have recently issued reports on LAS.A shares. Stifel Nicolaus set a C$220.00 target price on Lassonde Industries and gave the company a “buy” rating in a report on Wednesday, October 23rd. Desjardins increased their target price on Lassonde Industries from C$175.00 to C$190.00 and gave the stock a “hold” rating in a research report on Monday, August 12th. Finally, 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 report on Monday, August 12th.
Get Our Latest Analysis on LAS.A
Lassonde Industries Trading Up 7.2 %
Insider Buying and Selling at Lassonde Industries
In related news, Director Luc Doyon bought 500 shares of the company’s stock in a transaction that occurred on Tuesday, August 13th. The shares were acquired at an average price of C$175.00 per share, for a total transaction of C$87,500.00. Following the completion of the acquisition, the director now owns 500 shares of the company’s stock, valued at approximately C$87,500. Corporate insiders own 2.19% of the company’s stock.
About Lassonde Industries
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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