Conagra Brands, Inc. Share Price Target ‘$31.63’, now 8.2% Upside Potential

Broker Ratings
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Conagra Brands, Inc. with ticker code (CAG) now have 15 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The target price High/Low ranges between $34.00 and $29.00 calculating the mean target share price we have $31.63. (at the time of writing). Given that the stocks previous close was at $29.24 this would indicate that there is a potential upside of 8.2%. The 50 day moving average now sits at $30.38 while the 200 day moving average is $28.89. The company has a market cap of 13.73B. The current stock price for Playtika Holding Corp. is currently $28.72 USD

The potential market cap would be $14,852,220,393 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 14.43, 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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