Analyst Price Target is $12.67
▲ +39.04% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Landec in the last 3 months. The average price target is $12.67, with a high forecast of $14.00 and a low forecast of $12.00. The average price target represents a 39.04% upside from the last price of $9.11.
Current Consensus is
The current consensus among 3 investment analysts is to buy stock in Landec. This Buy consensus rating has held steady for over two years.
Landec Corp. engages in the design, development, manufacture, and sale of health and wellness products for food and biomaterials markets. It operates through the following segments: Curation Foods, Lifecore, and Others. The Curation Foods segment includes activities to market and pack specialty packaged whole and fresh-cut fruit and vegetables. The Lifecore segment sells products utilizing hyaluronan, a naturally occurring polysaccharide that is widely distributed in the extracellular matrix of connective tissues in both animals and humans. The Other segment consists of corporate general and administrative expenses, non-Curation Foods and non-Lifecore interest income, and income tax expenses. The company was founded by Ray Stewart on October 31, 1986 and is headquartered in Santa Maria, CA.