Conagra Brands, Inc. Share Price Target ‘$30.30’, now -.2% Downside Potential

Broker Ratings
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Conagra Brands, Inc. with ticker code (CAG) now have 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between $36.00 and $27.00 calculating the mean target share price we have $30.30. (at the time of writing). Given that the stocks previous close was at $30.36 this is indicating there is a potential downside of -.2%. The 50 day MA is $29.32 and the 200 day moving average is $29.15. The market capitalization for the company is 14.76B. Currently the stock stands at: $30.82 USD

The potential market cap would be $14,735,142,268 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 42.81, revenue per share of $25.18 and a 5.68% 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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