ConAgra Brands with ticker code (CAG) now have 15 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 44 and 34 with the average target price sitting at 38.06. With the stocks previous close at 34.63 this indicates there is a potential upside of 9.9%. There is a 50 day moving average of 36.68 and the 200 day MA is 34.11. The company has a market capitalisation of $17,155m. Company Website: http://www.conagrabrands.com
Conagra Brands, together with its subsidiaries, operates as a consumer packaged goods food company in North America. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States. The Refrigerated & Frozen segment provides temperature controlled food products in various retail channels in the United States. The International segment offers food products in various temperature states in retail and foodservice channels outside of the United States. The Foodservice segment offers food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The company sells its products under the Birds Eye, Marie Callender’s, Banquet, Healthy Choice, Slim Jim, Reddi-wip, Vlasic, Angie’s BOOMCHICKAPOP, Duke’s, Earth Balance, Gardein, Frontera, Chef Boyardee, and Alexia brands. The company was formerly known as ConAgra Foods and changed its name to Conagra Brands in November 2016. Conagra Brands was founded in 1919 and is headquartered in Chicago, Illinois.