# Conagra Brands, Inc.  Share Price Target ‘$30.30’, now -.2% Downside Potential

- Link: https://www.directorstalkinterviews.com/conagra-brands-inc.share-price-target-30.30-now.2-downside-potential/4121168724
- Published: 2024-08-15T13:30:23+01:00
- Author: Charlotte Edwards

**Conagra Brands, Inc.** with ticker code (CAG) now have 15 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 $27.00 calculating the mean target share price
we have $30.30. (at the time of writing). Given that the stocks previous close was
at $30.36 this is indicating there is a potential downside of -.2%. The 50 day MA
is $29.32 and the 200 day moving average is $29.15. The market capitalization for
the company is 14.76B. Currently the stock stands at: $30.82 USD

 The potential market cap would be $14,735,142,268 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 42.81, revenue per share of $25.18
and a 5.68% 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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