Lassonde Industries (TSE:LAS) Downgraded to Hold Rating by National Bank Financial

National Bank Financial cut shares of Lassonde Industries (TSE:LAS) from a strong-buy rating to a hold rating in a research report released on Sunday morning,Zacks.com reports. National Bank Financial also issued estimates for Lassonde Industries’ Q4 2024 earnings at $4.21 EPS.

Separately, Stifel Canada raised Lassonde Industries to a “strong-buy” rating in a research note on Tuesday, October 22nd.

Lassonde Industries Price Performance

Lassonde Industries has a 52-week low of C$209.50 and a 52-week high of C$269.18.

Lassonde Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Wednesday, November 20th will be given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Wednesday, November 20th.

Lassonde Industries Company Profile

Lassonde Industries Inc is a Canada-based company, which develops, manufactures and markets a range of ready-to-drink fruit and vegetable juices and drinks. The Company is a producer of store brand shelf-stable fruit juices and drinks in the United States and a producer of cranberry sauces. The Company operates in two market segments: the retail segment and the food service segment.