# Lancaster Colony Corporation – Consensus ‘buy’ rating and 25.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/lancaster-colony-corporation-consensus-buy-rating-and-25.4-upside-potential/4121130984
- Published: 2023-10-26T14:32:43+01:00
- Author: Charlotte Edwards

**Lancaster Colony Corporation** which can be found using ticker (LANC) have now
3 market analysts covering the stock. The analyst consensus now points to a rating
of ‘buy’. The range between the high target price and low target price is between
226 and 185 and has a mean target at $205.33. Given that the stocks previous close
was at $163.80 this would indicate that there is a potential upside of 25.4%. There
is a 50 day moving average of $169.07 and the 200 moving average now moves to $190.09.
The total market capitalization for the company now stands at 4.58B. The stock price
for the company is currently 166.59 USD

 The potential market cap would be $5,746,595,410 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 41.24, 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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