Lassonde Industries (TSE:LAS.A) had its target price lowered by National Bank Financial from C$260.00 to C$240.00 in a research note issued to investors on Monday morning. The brokerage currently has a sector perform rating on the stock.

Separately, Desjardins cut their target price on Lassonde Industries from C$295.00 to C$250.00 in a research note on Monday.

TSE:LAS.A opened at C$200.90 on Monday. Lassonde Industries has a 1-year low of C$209.50 and a 1-year high of C$269.18.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 14th. Shareholders of record on Friday, December 14th will be paid a $0.81 dividend. This represents a $3.24 annualized dividend and a yield of 1.61%. The ex-dividend date is Tuesday, 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.

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