ConAgra Foods (CAG) : The consensus on ConAgra Foods (CAG) based on 9 analyst recommendation on the company stock is 1.94, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
ConAgra Foods (CAG) : Average target price received by ConAgra Foods (CAG) is $51.71 with an expected standard deviation of $2.21. The most aggressive target on the stock is $55, whereas the most downbeat target is $48. 7 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy.
ConAgra Foods (NYSE:CAG): The stock opened at $48.15 on Tuesday but the bulls could not build on the opening and the stock topped out at $48.21 for the day. The stock traded down to $47.66 during the day, due to lack of any buying support eventually closed down at $47.72 with a loss of -0.81% for the day. The stock had closed at $48.11 on the previous day. The total traded volume was 2,181,019 shares.
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.