Loop Capital Maintains Buy Rating for Lancaster Colony: Here's What You Need To Know

Loop Capital has decided to maintain its Buy rating of Lancaster Colony LANC and lower its price target from $237.00 to $226.00.

Shares of Lancaster Colony are trading down 1.75% over the last 24 hours, at $160.59 per share.

A move to $226.00 would account for a 40.74% increase from the current share price.

About Lancaster Colony

Lancaster Colony Corp is a manufacturer and marketer of speciality food products. The company's segments include Retail and Foodservice. By product segment, the company divides its portfolio into non frozen (roughly 70% of net sales) and frozen food. The key products and brands are salad dressing and sauces (Cardini's, Girard's, Marzetti), frozen garlic breads (New York Brand Bakery, Mamma Bella), vegetable dips and fruit dips (Marzetti), frozen parkerhouse-style yeast rolls and dinner rolls (Sister Schubert's, Mary B's), premium dry egg noodles (Amish Kitchen), frozen speciality noodles (Reames, Aunt Vi's), croutons and salad toppings, flatbread wraps, and pizza crusts.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.