Conagra Brands, Inc. – Consensus ‘hold’ rating and 6.4% Upside Potential

Broker Ratings
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Conagra Brands, Inc. with ticker code (CAG) have now 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between $34.00 and $29.00 and has a mean target at $31.63. Given that the stocks previous close was at $29.72 this now indicates there is a potential upside of 6.4%. The 50 day MA is $30.41 and the 200 moving average now moves to $28.90. The market cap for the company is 14.00B. The stock price for the company is currently is currently $29.29 USD

The potential market cap would be $14,902,355,081 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 14.72, revenue per share of $25.34 and a 5.26% 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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