Lassonde Industries (TSE:LAS – Get Free Report) was upgraded by Stifel Canada to a “strong-buy” rating in a research report issued on Tuesday, Zacks.com reports.
Lassonde Industries Price Performance
Lassonde Industries has a 12 month low of C$209.50 and a 12 month high of C$269.18.
Lassonde Industries (TSE:LAS – Get Free Report) last released its earnings results on Thursday, August 8th. The company reported C$5.73 earnings per share for the quarter, topping analysts’ consensus estimates of C$3.77 by C$1.96. The business had revenue of C$624.70 million during the quarter, compared to analysts’ expectations of C$599.15 million.
About Lassonde Industries
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.
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