Lancaster Colony Corp. ($LANC) Cautious Buy or Hold to $51 Confident Investor Rating: Fair

Company name Lancaster Colony Corp.
Stock ticker LANC
Live stock price [stckqut]LANC[/stckqut]
P/E compared to competitors Good
MANAGEMENT EXECUTION
Employee productivity Fair
Sales growth Poor
EPS growth Fair
P/E growth Poor
EBIT growth Good
ANALYSIS
Confident Investor Rating Fair
Target stock price (TWCA growth scenario) $53.42
Target stock price (averages with growth) $55.26
Target stock price (averages with no growth) $48.17
Target stock price (manual assumptions) $52.85

The following company description is from Google Finance: http://www.google.com/finance?q=lanc

Lancaster Colony Corporation is a diversified manufacturer and marketer of consumer products focusing primarily on specialty foods for the retail and foodservice markets. The Company also manufactures and markets candles for the food, drug and mass markets. It is also engaged in the distribution of various products, including glassware and candles, to commercial markets. The Company operates in two segments: Specialty Foods and Glassware and Candles. The food products the Company manufactures and sells include salad dressings and sauces marketed under the brand names Marzetti, T. Marzetti, Cardini’s, Pfeiffer and Girard?s; fruit glazes, vegetable dips and fruit dips marketed under the brand name T. Marzetti; Greek yogurt vegetable dips marketed under the brand name Otria; frozen breads marketed under the brand names New York BRAND and Mamma Bella. It sells candles, candle accessories, and other home fragrance products in a variety of sizes, forms and fragrance.

Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in this stock as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns.

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