# Lancaster Colony Corporation – Consensus ‘hold’ rating and 18.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/lancaster-colony-corporation-consensus-hold-rating-and-18.8-upside-potential/4121127683
- Published: 2023-09-19T13:55:47+01:00
- Author: Charlotte Edwards

**Lancaster Colony Corporation** with ticker code (LANC) now have 2 market analysts
covering the stock. The analyst consensus now points to a rating of ‘hold’. The 
target price High/Low ranges between 226 and 184 calculating the average target 
price we see $205.00. Given that the stocks previous close was at $172.50 this is
indicating there is a potential upside of 18.8%. The day 50 moving average is $180.81
and the 200 moving average now moves to $194.39. The market cap for the company 
is 4.77B. The stock price is currently at: 173.11 USD

 The potential market cap would be $5,664,574,375 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 42.96, 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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