ConAgra Brands, Inc. with ticker code (CAG) have now 14 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 46 and 37 suggesting an average Analsyt target price of $42.28. Given that the stocks previous close was at $37.40 this would imply there is now a potential upside of 13.0%. Also worth taking note is the 50 day moving average now sits at $36.61 and the 200 day MA is $36.00. The company has a market cap of $17,860m. Visit the company website at: https://www.conagrabrands.com
The potential market cap would be $20,191m based on the market consensus.
Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America. The company operates in four segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels in the United States. The Refrigerated & Frozen segment provides temperature-controlled food products through various retail channels in the United States. The International segment offers food products in various temperature states through retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for 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, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was founded in 1919 and is headquartered in Chicago, Illinois.
The company has a dividend yield of 3.52% with the ex dividend date set at 27-4-2023 (DMY).
Other points of data to note are a P/E ratio of 22.43, revenue per share of 25.47 and a 5.41% return on assets.
