The Globe and Mail reports in its Thursday, Oct. 24, edition that Stifel analyst Martin Landry rates Lassonde Industries "buy" in new coverage. The Globe's David Leeder writes in the Eye On Equities column that Mr. Landry set a share target of $220. Analysts on average target the shares at $197.25. Mr. Landry sees Lassonde Industries shares currently trading at "very depressed levels and offering investors an appealing entry point." Mr. Landry says in a note: "Shares of Lassonde trade at eight times forward earnings, which we view as very depressed levels and offering investors an appealing entry point. In our view, as the company continues its earnings recovery with EPS on the way to exceed $20, investors will get more comfortable that the historical earnings volatility is behind and that current earnings can form a solid base from which to grow. In our view, as the company continues its earnings recovery with EPS on the way to exceed $20, investors will get more comfortable that the historical earnings volatility is behind." The Globe reported on Aug. 13 that Desjardins Securities analyst Frederic Tremblay was sticking with his "hold" recommendation for Lassonde Industries. It was then worth $167.