ConAgra Foods (CAG) : During the past 4 weeks, traders have been relatively bearish on ConAgra Foods (CAG), hence the stock is down -5.96% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.69% relative to the S&P 500. The 4-week change in the price of the stock is -7.86% and the stock has fallen -0.16% in the past 1 week.
The stock has recorded a 20-day Moving Average of 5.36% and the 50-Day Moving Average is 6.86%.The 200 Day SMA reached 1.42% ConAgra Foods, Inc. has dropped 7.23% during the last 3-month period . Year-to-Date the stock performance stands at 4.38%.
ConAgra Foods (CAG) : The consensus price target for ConAgra Foods (CAG) is $51.83 for the short term with a standard deviation of $2.71. The most optimist securities analyst among the 6 who monitor the stock believes that the stock can reach $56, however, the pessimist price target for the company is $48.
For the current week, the company shares have a recommendation consensus of Buy. ConAgra Foods (NYSE:CAG): stock was range-bound between the intraday low of $43.07 and the intraday high of $43.59 after having opened at $43.58 on Fridays session. The stock finally closed in the red at $43.58, a loss of -0.94%. The stock remained in the red for the whole trading day. The total traded volume was 4,897,811 shares. The stock failed to cross $43.59 in Fridays trading. The stocks closing price on Thursday was $43.66.
ConAgra Foods, Inc. operates as a packaged food company. The Company offers branded and private branded food to households, as well as commercial food, which serve various restaurants and foodservice operations. Its brands include Banquet, Chef Boyardee, Egg Beaters, Healthy Choice, Hebrew National, Hunts, Marie Callenders, Orville Redenbachers, PAM, Peter Pan, Reddi-wip, Slim Jim and Snack Pack, among others. The Company sells its products under private brand labels in grocery, convenience, mass merchandise, club and drug stores. The Company also supplies frozen potato and sweet potato products, as well as other vegetable, spice, bakery and grain products to restaurants, commercial and foodservice customers. It operates in three segments: Consumer Foods, Commercial Foods and Private Brands. It has international manufacturing facilities in Argentina, Canada and Mexico, and interests in ownership of international manufacturing facilities in India and Mexico.