Conagra Brands, Inc. Share Price Target ‘$29.90’, now 1.5% Upside Potential

Broker Ratings
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Conagra Brands, Inc. which can be found using ticker (CAG) have now 16 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The target price High/Low ranges between $33.00 and $28.00 and has a mean share price target at $29.90. (at the time of writing). Given that the stocks previous close was at $29.46 this would imply there is now a potential upside of 1.5%. The 50 day MA is $28.99 and the 200 day MA is $30.96. The market capitalization for the company is 13.65B. The stock price is currently at: $28.56 USD

The potential market cap would be $13,855,719,467 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 13.93, revenue per share of $25.46 and a 5.33% 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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