Conagra Brands - CAG Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $40.73
Forecasted Upside: 10.52%
Number of Analysts: 11
Breakdown:
0 Sell Ratings
6 Hold Ratings
5 Buy Ratings
0 Strong Buy Ratings

^$36.85 As of 03/24/2023 12:39 PM ET

▲ +0.28 (0.77%)

1 month | 3 months | 12 months

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Analyst Price Target for CAG

^$40.73

▲ +10.52% Upside Potential

This price target is based on 11 analysts offering 12 month price targets for Conagra Brands in the last 3 months. The average price target is $40.73, with a high forecast of $48.00 and a low forecast of $35.00. The average price target represents a 10.52% upside from the last price of $36.85.

Current Consensus is Hold

The current consensus among 11 investment analysts is to hold stock in Conagra Brands. This rating has held steady since December 2022, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
2 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

9/30/2021

0 strong buy ratings
3 buy ratings
7 hold ratings
0 sell ratings

Ratings as of

12/29/2021

0 strong buy ratings
3 buy ratings
8 hold ratings
0 sell ratings

Ratings as of

3/29/2022

0 strong buy ratings
4 buy ratings
8 hold ratings
0 sell ratings

Ratings as of

6/27/2022

0 strong buy ratings
3 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

9/25/2022

0 strong buy ratings
5 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

12/24/2022

0 strong buy ratings
5 buy ratings
7 hold ratings
0 sell ratings

Ratings as of

2/22/2023

0 strong buy ratings
5 buy ratings
6 hold ratings
0 sell ratings

Ratings as of

3/24/2023

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
3/20/2023	Deutsche Bank Aktiengesellschaft	Upgrade	Sell ➝ Hold	$35.00	Low
3/6/2023	Bank of America	Lower Target		$40.00	Low
2/22/2023	Stifel Nicolaus	Lower Target	Hold	$44.00 ➝ $40.00	Low
1/6/2023	JPMorgan Chase & Co.	Boost Target	Neutral	$38.00 ➝ $43.00	Low
1/6/2023	Morgan Stanley	Boost Target	Overweight	$45.00 ➝ $48.00	Low
1/6/2023	UBS Group	Boost Target	Buy	$41.00 ➝ $45.00	Low
1/6/2023	Credit Suisse Group	Boost Target	Neutral	$35.00 ➝ $40.00	Low
1/6/2023	Stifel Nicolaus	Boost Target		$35.00 ➝ $44.00	Low
1/6/2023	Royal Bank of Canada	Boost Target	Sector Perform	$35.00 ➝ $38.00	Low
12/29/2022	Evercore ISI	Boost Target	Outperform	$40.00 ➝ $42.00	Low
12/20/2022	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight	$34.00 ➝ $45.00	Low
12/6/2022	Deutsche Bank Aktiengesellschaft	Downgrade	Hold ➝ Sell	$33.00 ➝ $34.00	Low
11/18/2022	UBS Group	Upgrade	Neutral ➝ Buy	$35.00 ➝ $41.00	Low
11/15/2022	Exane BNP Paribas	Initiated Coverage	Outperform		Low
11/15/2022	BNP Paribas	Initiated Coverage	Outperform	$42.00	Low
10/7/2022	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$32.00 ➝ $33.00	Low
7/15/2022	Morgan Stanley	Lower Target	Equal Weight	$36.00 ➝ $34.00	Low
7/15/2022	Credit Suisse Group	Lower Target	Neutral	$36.00 ➝ $35.00	Low
7/15/2022	Deutsche Bank Aktiengesellschaft	Lower Target		$35.00 ➝ $32.00	Low
7/15/2022	Citigroup	Lower Target	Neutral	$37.00 ➝ $35.00	Low
7/8/2022	UBS Group	Boost Target	Neutral	$34.00 ➝ $35.00	N/A
4/8/2022	Evercore ISI	Initiated Coverage	Buy	$40.00	Low
3/30/2022	UBS Group	Initiated Coverage	Neutral	$34.00	Low
3/8/2022	Consumer Edge	Downgrade	Overweight ➝ Equal Weight	$34.00	High
1/7/2022	Deutsche Bank Aktiengesellschaft	Lower Target		$36.00 ➝ $35.00	Low
1/7/2022	Morgan Stanley	Boost Target	Equal Weight	$35.00 ➝ $36.00	High
10/8/2021	Royal Bank of Canada	Reiterated Rating	Hold	$38.00	Low
10/8/2021	UBS Group	Downgrade	Buy ➝ Sell		Low
10/8/2021	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$41.00 ➝ $38.00	Low
9/29/2021	Credit Suisse Group	Upgrade	Underperform ➝ Neutral	$34.00	High
9/13/2021	Jefferies Financial Group	Reiterated Rating	Buy		Medium
7/14/2021	Morgan Stanley	Lower Target	Equal Weight	$38.00 ➝ $35.00	Medium
7/14/2021	Deutsche Bank Aktiengesellschaft	Lower Target	Hold	$37.00 ➝ $35.00	Low
7/14/2021	Citigroup	Lower Target	Neutral	$42.00 ➝ $37.00	Low
7/14/2021	Bank of America	Downgrade	Buy ➝ Neutral	$44.00 ➝ $36.00	Low
7/14/2021	Stifel Nicolaus	Downgrade	Buy ➝ Hold	$39.00 ➝ $35.00	Low
4/20/2021	Citigroup	Initiated Coverage	Neutral	$42.00	Low
4/9/2021	Royal Bank of Canada	Boost Target		$37.00 ➝ $38.00	Low
3/23/2021	Credit Suisse Group	Boost Target	Underperform	$33.00 ➝ $34.00	Low
1/21/2021	Credit Suisse Group	Reiterated Rating	Sell	$33.00	Low
1/8/2021	Jefferies Financial Group	Initiated Coverage	Underperform ➝ Buy	$41.00	Medium
1/5/2021	Credit Suisse Group	Downgrade	Neutral ➝ Underperform	$38.00 ➝ $34.00	N/A
10/2/2020	Morgan Stanley	Boost Target	Equal Weight	$35.00 ➝ $36.00	High
8/13/2020	Jefferies Financial Group	Reiterated Rating	Buy	$41.00	Low
7/1/2020	Stifel Nicolaus	Boost Target		$36.00 ➝ $39.00	Low
7/1/2020	Credit Suisse Group	Boost Target	Neutral	$36.00 ➝ $38.00	Medium
7/1/2020	Morgan Stanley	Boost Target	Equal Weight	$32.00 ➝ $35.00	Medium
7/1/2020	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$32.00 ➝ $36.00	Medium
6/30/2020	Jefferies Financial Group	Upgrade	Buy	$41.00	Medium
6/22/2020	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$41.00	Medium
6/8/2020	Morgan Stanley	Boost Target	Equal Weight	$30.00 ➝ $32.00	Medium
5/18/2020	Standpoint Research	Downgrade	Buy ➝ Hold		High
5/15/2020	Credit Suisse Group	Boost Target	Neutral	$35.00 ➝ $36.00	Low
5/11/2020	SunTrust Banks	Downgrade	Buy ➝ Hold	$35.00	Low
4/1/2020	Royal Bank of Canada	Reiterated Rating	Hold	$34.00	High
4/1/2020	Morgan Stanley	Boost Target	Equal Weight	$29.00 ➝ $30.00	Medium
3/31/2020	Cfra	Reiterated Rating	Strong-Buy	$33.00 ➝ $35.00	High
3/31/2020	Jefferies Financial Group	Reiterated Rating	Hold	$27.00	Medium
3/18/2020	Sanford C. Bernstein	Upgrade	Underperform ➝ Market Perform	$26.00 ➝ $30.00	High
3/12/2020	Cfra	Upgrade	Buy ➝ Strong-Buy		High
2/27/2020	Standpoint Research	Upgrade	Hold ➝ Buy		Medium
2/26/2020	JPMorgan Chase & Co.	Lower Target	Overweight	$39.00 ➝ $34.00	High
2/19/2020	Jefferies Financial Group	Reiterated Rating	Hold	$34.00	High
2/18/2020	Evercore ISI	Reiterated Rating	Buy	$39.00	High
1/22/2020	Jefferies Financial Group	Initiated Coverage	Hold	$36.00	Low
12/22/2019	Barclays	Reiterated Rating	Buy	$36.00	Medium
12/20/2019	Evercore ISI	Boost Target	Outperform	$35.00 ➝ $39.00	Medium
12/20/2019	Morgan Stanley	Boost Target	Equal Weight	$28.00 ➝ $30.00	Medium
12/20/2019	JPMorgan Chase & Co.	Boost Target	Overweight	$34.00 ➝ $39.00	High
12/20/2019	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$29.00 ➝ $30.00	High
12/20/2019	UBS Group	Boost Target	Buy ➝ Positive	$32.00 ➝ $38.00	High
12/19/2019	Cfra	Reiterated Rating	Buy	$40.00	High
12/18/2019	Royal Bank of Canada	Reiterated Rating	Hold	$30.00	Low
12/11/2019	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold	$29.00	Medium
11/14/2019	Berenberg Bank	Initiated Coverage	Hold	$29.00 ➝ $29.00	Low
10/17/2019	Royal Bank of Canada	Initiated Coverage	Sector Perform	$30.00	Medium
9/27/2019	Barclays	Set Target	Buy	$33.00	High
9/27/2019	Citigroup	Boost Target	Buy	$34.00 ➝ $35.00	Low
9/19/2019	Credit Suisse Group	Reiterated Rating	Hold	$29.00	Low
9/6/2019	The Goldman Sachs Group	Downgrade	Buy ➝ Neutral	$33.00 ➝ $31.00	High
6/28/2019	UBS Group	Set Target	Buy	$32.00	Low
6/28/2019	Bank of America	Set Target	Buy	$35.00	Low
6/28/2019	Citigroup	Lower Target	Buy	$36.00 ➝ $34.00	Low
6/11/2019	Evercore ISI	Initiated Coverage	Outperform	$36.00	Low
5/20/2019	Morgan Stanley	Initiated Coverage	Equal Weight ➝ Equal Weight	$31.00	Medium
5/14/2019	SunTrust Banks	Initiated Coverage	Buy ➝ Buy	$35.00	Medium
4/11/2019	Credit Suisse Group	Boost Target	Neutral	$27.00 ➝ $30.00	Medium
4/11/2019	Bank of America	Reiterated Rating	Buy	$30.00	Low
3/26/2019	Credit Suisse Group	Boost Target	Neutral	$24.00 ➝ $27.00	Low
3/22/2019	Bank of America	Set Target	Buy	$30.00	Medium
3/22/2019	The Goldman Sachs Group	Set Target	Buy	$31.00 ➝ $32.00	High
1/2/2019	The Goldman Sachs Group	Downgrade	Conviction-Buy ➝ Buy		Low
12/23/2018	Barclays	Reiterated Rating	Buy	$30.00	High
12/20/2018	Credit Suisse Group	Set Target	Hold	$39.00	Low
12/19/2018	Jefferies Financial Group	Reiterated Rating	Buy	$44.00	High
11/26/2018	Credit Suisse Group	Set Target	Hold	$40.00 ➝ $35.00	Medium
11/14/2018	Sanford C. Bernstein	Downgrade	Market Perform ➝ Underperform		High
10/31/2018	Credit Suisse Group	Initiated Coverage	Neutral	$40.00	Low
10/24/2018	The Goldman Sachs Group	Reiterated Rating	Buy	$42.00	Medium
10/8/2018	UBS Group	Upgrade	Neutral ➝ Buy	$38.00 ➝ $40.00	Medium
10/5/2018	Jefferies Financial Group	Set Target	Buy	$44.00	Low
9/27/2018	Jefferies Financial Group	Set Target	Buy	$44.00	High
8/20/2018	Stephens	Initiated Coverage	Overweight	$45.00	Low
7/27/2018	JPMorgan Chase & Co.	Boost Target	Overweight ➝ Overweight	$43.00 ➝ $45.00	Low
6/28/2018	Citigroup	Lower Target	Buy ➝ Buy	$43.00 ➝ $42.00	Low

(Data available from 3/24/2018 forward)

News Sentiment Rating

0.90 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

4 very positive mentions
17 positive mentions
0 negative mentions
1 very negative mentions

Mentions as of

8/26/2022

1 very positive mentions
5 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

9/25/2022

11 very positive mentions
50 positive mentions
2 negative mentions
1 very negative mentions

Mentions as of

10/25/2022

12 very positive mentions
12 positive mentions
0 negative mentions
1 very negative mentions

Mentions as of

11/24/2022

8 very positive mentions
20 positive mentions
1 negative mentions
1 very negative mentions

Mentions as of

12/24/2022

22 very positive mentions
52 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

1/23/2023

12 very positive mentions
14 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

2/22/2023

17 very positive mentions
12 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

3/24/2023

Current Sentiment

Recent Stories by Sentiment

Very Negative

No very negative mentions tracked during this time.

Conagra Brands, Inc. engages in the manufacture and sale of processed and packaged foods. It operates through the following segments: Grocery and Snacks, Refrigerated and Frozen, International, and Foodservice. The Grocery and Snacks segment includes branded, shelf stable food products sold in various retail channels in the United States. The Refrigerated and Frozen segment is composed of branded, temperature-controlled food products sold in various retail channels in the United States. The International segment offers branded food products in various temperature states, sold in various retail and foodservice channels outside of the United States. The Foodservice segment focuses on 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 in the United States. The company was founded by Alva Kinney and Frank Little in 1919 and is headquartered in Chicago, IL.

Today's Range

Now: $36.85

$36.49

$36.87

50 Day Range

MA: $36.59

$35.01

$40.03

52 Week Range

Now: $36.85

$31.01

$41.30

Volume

904,732 shs

Average Volume

4,434,774 shs

Market Capitalization

$17.56 billion

P/E Ratio

26.13

Dividend Yield

3.62%

Beta

0.55

Frequently Asked Questions

What sell-side analysts currently cover shares of Conagra Brands?: The following Wall Street sell-side analysts have issued reports on Conagra Brands in the last year: Bank of America Co., BNP Paribas, Citigroup Inc., Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, Evercore ISI, Exane BNP Paribas, JPMorgan Chase & Co., Morgan Stanley, Royal Bank of Canada, Stifel Nicolaus, StockNews.com, TheStreet, and UBS Group AG.
View the latest analyst ratings for CAG.
What is the current price target for Conagra Brands?: 11 Wall Street analysts have set twelve-month price targets for Conagra Brands in the last year. Their average twelve-month price target is $40.73, suggesting a possible upside of 11.4%. Morgan Stanley has the highest price target set, predicting CAG will reach $48.00 in the next twelve months. Deutsche Bank Aktiengesellschaft has the lowest price target set, forecasting a price of $35.00 for Conagra Brands in the next year.
View the latest price targets for CAG.
What is the current consensus analyst rating for Conagra Brands?: Conagra Brands currently has 6 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CAG, but not buy more shares or sell existing shares.
View the latest ratings for CAG.
What other companies compete with Conagra Brands?: Other companies that are similar to Conagra Brands include Campbell Soup, Flowers Foods, J. M. Smucker, Chewy and Clorox. Learn More about companies similar to Conagra Brands.
How do I contact Conagra Brands' investor relations team?: Conagra Brands' physical mailing address is 222 W. MERCHANDISE MART PLAZA SUITE 1300, CHICAGO IL, 60654. The company's listed phone number is (312) 549-5000 and its investor relations email address is [email protected] The official website for Conagra Brands is www.conagrabrands.com. Learn More about contacing Conagra Brands investor relations.

Conagra Brands - CAG Stock Price Target and Predictions

Analyst Price Target for CAG

Current Consensus is Hold

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.90 (Buy)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Conagra Brands?

What is the current price target for Conagra Brands?

What is the current consensus analyst rating for Conagra Brands?

What other companies compete with Conagra Brands?

How do I contact Conagra Brands' investor relations team?