Conagra Brands, Inc. which can be found using ticker (CAG) have now 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The range between the high target price and low target price is between 39 and 30 calculating the mean target price we have $35.86. Given that the stocks previous close was at $28.72 this would imply there is now a potential upside of 24.9%. It’s also worth noting that there is a 50 day moving average of $30.99 while the 200 day moving average is $35.29. The market cap for the company is 13.71B. The stock price is currently at: 28.69 USD
The potential market cap would be $17,118,410,567 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 20.2, 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.
