# Conagra Brands, Inc. – Consensus ‘hold’ rating and 10.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/conagra-brands-inc.consensus-hold-rating-and-10.8-upside-potential/4121132424
- Published: 2023-11-09T14:36:47+00:00
- Author: Charlotte Edwards

**Conagra Brands, Inc.** with ticker code (CAG) have now 14 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 $28.00 calculating the average target price we
see $30.36. Given that the stocks previous close was at $27.39 this would imply 
there is now a potential upside of 10.8%. It’s also worth noting that there is a
50 day moving average of $27.89 and the 200 day MA is $33.25. The total market capitalization
for the company now stands at 13.26B. The current share price for the company is:
$27.75 USD

 The potential market cap would be $14,701,834,882 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 12.33, revenue per share of $25.67
and a 5.6% 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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