ConAgra Brands with ticker code (CAG) now have 16 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 40 and 31 with the average target price sitting at 35.94. Now with the previous closing price of 31.74 this now indicates there is a potential upside of 13.2%. The 50 day moving average now sits at 34.23 and the 200 day MA is 33.7. The company has a market capitalisation of $15,222m. Find out more information at: https://www.conagrabrands.com
The potential market cap would be $17,236m based on the market concensus.
Conagra Brands, together with its subsidiaries, operates as a consumer packaged goods food company in North America. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States. The Refrigerated & Frozen segment provides temperature-controlled food products in various retail channels in the United States. The International segment offers food products in various temperature states in retail and foodservice channels outside of the United States. The Foodservice segment offers food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The company sells its products under the Birds Eye, Duncan Hines, Healthy Choice, Marie Callender’s, Reddi-wip, Slim Jim, Angie’s BOOMCHICKAPOP, Duke’s, Earth Balance, Gardein, and Frontera brands. The company was formerly known as ConAgra Foods and changed its name to Conagra Brands in November 2016. Conagra Brands was incorporated in 1919 and is headquartered in Chicago, Illinois.
