ConAgra Brands found using ticker (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 calculating the mean target price we have 35.94. Now with the previous closing price of 33.31 this is indicating there is a potential upside of 7.9%. The day 50 moving average is 33.98 and the 200 moving average now moves to 33.6. The market cap for the company is $16,364m. Company Website: https://www.conagrabrands.com
The potential market cap would be $17,656m 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.
