Conagra Brands, Inc. – Consensus ‘hold’ rating and 15.3% Upside Potential

Broker Ratings
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Conagra Brands, Inc. which can be found using ticker (CAG) have now 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The range between the high target price and low target price is between 41 and 35 calculating the mean target price we have $37.47. Given that the stocks previous close was at $32.51 and the analysts are correct then there would likely be a percentage uptick in value of 15.3%. The 50 day MA is $33.73 and the 200 moving average now moves to $36.20. The market capitalization for the company is 15.41B. The stock price for the company is currently 32.31 USD

The potential market cap would be $17,765,469,976 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 22.75, revenue per share of 25.64 and a 5.3% return on assets.

Conagra Brands, Inc. is a consumer packaged goods food company. The Company operates in various sectors of the food industry, with a focus on the sale of branded, private branded, and value-added consumer food, as well as foodservice items and ingredients. Its Grocery & Snacks segment principally includes branded, shelf-stable food products sold in various retail channels in the United States. Its Refrigerated & Frozen segment principally includes branded, temperature-controlled food products sold in various retail channels in the United States. Its International segment principally includes branded food products, in various temperature states, sold in various retail and foodservice channels outside of the United States. Its Foodservice segment includes branded and customized food products, including meals, entrees, sauces, and a variety of custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments, primarily in the United States.

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