# Lancaster Colony Corporation – Consensus ‘hold’ rating and 13.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/lancaster-colony-corporation-consensus-hold-rating-and-13.7-upside-potential/4121166194
- Published: 2024-07-26T12:47:58+01:00
- Author: Charlotte Edwards

**Lancaster Colony Corporation** which can be found using ticker (LANC) have now
5 confirmed analysts covering the stock with the consensus suggesting a rating of‘
hold’. The target price High/Low ranges between $226.00 and $198.00 calculating 
the average target price we see $210.60. Given that the stocks previous close was
at $185.17 this would imply there is now a potential upside of 13.7%. The 50 day
moving average now sits at $187.28 and the 200 day moving average is $183.77. The
market cap for the company is 5.10B. The current share price for the company is:
$185.42 USD

 The potential market cap would be $5,805,013,020 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 38.47, revenue per share of $68.27
and a 11.21% 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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