# Conagra Brands, Inc. – Consensus ‘hold’ rating and 7.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/conagra-brands-inc.consensus-hold-rating-and-7.1-upside-potential/4121135270
- Published: 2023-12-05T13:54:58+00:00
- Author: Charlotte Edwards

**Conagra Brands, Inc.** which can be found using ticker (CAG) now have 14 market
analysts covering the stock. The analyst consensus now points to a rating of ‘hold’.
The range between the high target price and low target price is between $36.00 and
$28.00 calculating the mean target price we have $30.36. Given that the stocks previous
close was at $28.36 this would indicate that there is a potential upside of 7.1%.
The 50 day moving average now sits at $27.59 and the 200 day MA is $32.54. The company
has a market capitalization of 13.84B. The stock price for the company is currently
$28.96 USD

 The potential market cap would be $14,818,113,048 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 12.87, 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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