# Lancaster Colony Corporation – Consensus ‘buy’ rating and 17.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/lancaster-colony-corporation-consensus-buy-rating-and-17.7-upside-potential/4121130293
- Published: 2023-10-20T14:39:18+01:00
- Author: Charlotte Edwards

**Lancaster Colony Corporation** with ticker code (LANC) have now 3 analysts in 
total covering the stock. The consensus rating is pointing to ‘buy’. The range between
the high target price and low target price is between 226 and 185 calculating the
mean target price we have $205.33. Now with the previous closing price of $174.44
and the analysts are correct then there would likely be a percentage uptick in value
of 17.7%. It’s also worth noting that there is a 50 day moving average of $170.72
and the 200 day moving average is $190.80. The market capitalization for the company
is 4.64B. The current share price for the company is: 168.44 USD

 The potential market cap would be $5,456,004,992 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 41.69, revenue per share of 66.37
and a 9.44% return on assets.

Lancaster Colony Corporation is a manufacturer and marketer of specialty food products
for the retail and foodservice channels. The company operates through two segments:
Retail Segment and Foodservice Segment. Retail Segment manufactures and sells other
shelf-stable products pursuant to brand license agreements including Olive Garden
dressings, Buffalo Wild Wings sauces and Chick-fil-A sauces. Foodservice Segment
products sold under private label to restaurants. It also manufactures and sell 
various branded Foodservice products to distributors. Most of the products sold 
in the Foodservice segment are custom-formulated and include salad dressings, sandwich
and dipping sauces, frozen breads and yeast rolls. The products under food services
segment include Salad dressings, Frozen garlic breads, Frozen Parkerhouse style 
yeast rolls and dinner rolls and Frozen pasta. The Company manufactures and sells
Foodservice products under its brands: Marzetti, New York Brand Bakery, and Schubert’s.

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