Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Conagra Brands Inc Market Cap
From what 17 stock analysts predict, the share price for Conagra Brands Inc (CAG) might increase by 13.48% in the next year. This is based on a 12-month average estimation for CAG. Price targets go from $28 to $36. The majority of stock analysts believe CAG is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 17 Wall Street analysts have assignedCAG 4 buy ratings, 13 hold ratings, and 0 sell ratings. This means that analysts expect Conagra Brands Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CAG. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CAG.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Chris Carey Wells Fargo | Equal-Weight | $31 | Maintains | Oct 17, 2024 |
| Nik Modi RBC Capital | Sector Perform | $29 | Reiterates | Oct 3, 2024 |
| Bryan Spillane B of A Securities | Neutral | $33 | Maintains | Oct 3, 2024 |
| Bryan Spillane B of A Securities | Neutral | $34 | Maintains | Sep 17, 2024 |
| Leah Jordan Goldman Sachs | Buy | $36 | Initiates | Aug 12, 2024 |
| David Palmer Evercore ISI Group | Neutral | $31 | Maintains | Jul 12, 2024 |
| Matthew Smith Stifel | Hold | $30 | Maintains | Jul 12, 2024 |
| Nik Modi RBC Capital | Sector Perform | $29 | Maintains | Jul 12, 2024 |
| Andrew Lazar Barclays | Overweight | $33 | Maintains | Jul 12, 2024 |
| Chris Carey Wells Fargo | Equal-Weight | $31 | Maintains | Jul 10, 2024 |
| Thomas Palmer Citigroup | Neutral | $30 | Maintains | Jun 28, 2024 |
| Andrew Lazar Barclays | Overweight | $34 | Maintains | Apr 8, 2024 |
| Matthew Smith Stifel | Hold | $32 | Maintains | Apr 5, 2024 |
| Chris Carey Wells Fargo | Equal-Weight | $32 | Maintains | Apr 5, 2024 |
| Thomas Palmer Citigroup | Neutral | $32 | Maintains | Apr 5, 2024 |
| Thomas Palmer Citigroup | Neutral | $30 | Initiates | Feb 1, 2024 |
| David Palmer Evercore ISI Group | Neutral | $32 | Downgrade | Dec 11, 2023 |
| Andrew Lazar Barclays | Overweight | $31 | Maintains | Oct 9, 2023 |
| Pamela Kaufman Morgan Stanley | Equal-Weight | $29 | Maintains | Oct 9, 2023 |
| Matthew Smith Stifel | Hold | $29 | Maintains | Oct 6, 2023 |
When did it IPO
1984
Staff Count
18,500
Country
United States
Sector/Industry
Consumer Defensive/Packaged Foods
CEO
Mr. Sean M. Connolly
Market Cap
$13.15B
In 2023, CAG generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CAG's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 20 Nov 2024
Sentiment - NEUTRAL
Source - CNBC Television
Summary - Jenny Harrington, CEO of Gilman Hill Asset Management, cautions about Nvidia's overvaluation and highlights investment opportunities in Conagra, which has a 5.3% dividend and low valuation.
Why It Matters - Harrington's caution on Nvidia signals potential risk and suggests a market correction. Her positive outlook on Conagra highlights a strong dividend opportunity amid lower valuations, indicating a strategic shift.
Tue, 19 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Conagra Brands, Inc. (NYSE: CAG) will announce fiscal 2025 Q2 results on December 19, 2024, followed by a live Q&A session at 9:30 a.m. with investors.
Why It Matters - Conagra's upcoming Q2 results release may impact stock performance, influencing investor sentiment based on earnings, guidance, and market conditions revealed during the earnings call.
Sun, 17 Nov 2024
Sentiment - POSITIVE
Source - 24/7 Wall Street
Summary - Yields have increased following the Federal Reserve's rate cut in September.
Why It Matters - Rising yields indicate a potential shift in monetary policy and may impact borrowing costs, influencing investment strategies and asset valuations.
Thu, 14 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Conagra Brands (NYSE: CAG) has been named to the 2024 Best for Vets: Employers list by Military Times, highlighting its commitment to supporting veterans and active-duty service members.
Why It Matters - Conagra's recognition as a top employer for veterans enhances its reputation, potentially attracting talent and boosting employee morale, which can lead to improved performance and profitability.
Fri, 15 Nov 2024
Sentiment - NEGATIVE
Source - CNBC
Summary - Shares of companies associated with popular soda and snack brands experienced a significant decline on Friday.
Why It Matters - A sharp pullback in shares of major soda and snack brands signals potential concerns about consumer demand or rising costs, affecting future profitability and investor confidence.
Sun, 10 Nov 2024
Sentiment - POSITIVE
Source - 24/7 Wall Street
Summary - Retirement age brings mixed emotions; reliance on U.S. systems for retirement planning is uncertain, impacting future financial strategies for investors.
Why It Matters - Concerns about retirement security in the U.S. can lead to increased volatility in markets, impacting investment strategies and asset allocations as individuals reassess their financial plans.
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