# Conagra Brands, Inc. – Consensus ‘hold’ rating and 8.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/conagra-brands-inc.consensus-hold-rating-and-8.4-upside-potential-2/4121134923
- Published: 2023-12-01T12:53:42+00:00
- Author: Charlotte Edwards

**Conagra Brands, Inc.** with ticker code (CAG) now have 14 confirmed analysts covering
the stock with the consensus suggesting a rating of ‘hold’. The target price High/
Low ranges between $36.00 and $28.00 suggesting an average Analsyt target price 
of $30.36. Now with the previous closing price of $28.02 this would imply there 
is now a potential upside of 8.4%. Also worth taking note is the 50 day moving average
now sits at $27.60 while the 200 day moving average is $32.61. The total market 
capitalization for the company now stands at 13.52B. The stock price for the company
is currently $28.29 USD

 The potential market cap would be $14,650,937,669 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 12.57, 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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