# Lancaster Colony Corporation  Share Price Target ‘$205.60’, now 9.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/lancaster-colony-corporation-share-price-target-205.60-now-9.6-upside-potential/4121142047
- Published: 2024-02-09T14:59:51+00:00
- Author: Charlotte Edwards

**Lancaster Colony Corporation** which can be found using ticker (LANC) now have
5 confirmed analysts covering the stock with the consensus suggesting a rating of‘
hold’. The target price High/Low ranges between $226.00 and $176.00 and has a mean
share price target at $205.60. (at the time of writing). Now with the previous closing
price of $187.64 this would indicate that there is a potential upside of 9.6%. It’s
also worth noting that there is a 50 day moving average of $172.55 and the 200 day
MA is $181.26. The market capitalization for the company is 5.18B. The stock price
for the company is currently $188.16 USD

 The potential market cap would be $5,673,998,573 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 40.03, revenue per share of $68.02
and a 10.3% 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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