In a report released today, Todd Brooks from Benchmark Co. maintained a Hold rating on Lancaster Colony (LANC – Research Report). The company’s shares closed yesterday at $204.04.
According to TipRanks, Brooks is a 4-star analyst with an average return of 6.7% and a 49.48% success rate. Brooks covers the Consumer Cyclical sector, focusing on stocks such as Red Robin Gourmet, The Chefs’ Warehouse, and Chuy’s Holdings.
Currently, the analyst consensus on Lancaster Colony is a Hold with an average price target of $203.00, implying a -0.51% downside from current levels. In a report released today, Stephens also downgraded the stock to a Hold with a $218.00 price target.
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The company has a one-year high of $217.39 and a one-year low of $157.32. Currently, Lancaster Colony has an average volume of 134.4K.
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Lancaster Colony (LANC) Company Description:
Lancaster Colony Corp. engages in the manufacture and marketing of specialty food products. It operates through Retail and Foodservices segments. The Retail and Foodservices segments focuses in the manufacture and selling of frozen breads; refrigerated dressings and dips; and shelf-stable dressings and croutons under the brand name New York BRAND Bakery, Sister Schubert’s, Marzetti Frozen Pasta, and Flatout. The company was founded in 1961 and is headquartered in Westerville, OH.
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