Conagra Brands, Inc. (CAG)
NYSE: CAG · Real-Time Price · USD
27.12
+0.64 (2.42%)
Nov 20, 2024, 4:00 PM EST - Market closed
Conagra Brands Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Conagra Brands stock have an average target of 31.63, with a low estimate of 29 and a high estimate of 36. The average target predicts an increase of 16.63% from the current stock price of 27.12.
Analyst Consensus: Hold
* Price targets were last updated on Oct 17, 2024.
Analyst Ratings
The average analyst rating for Conagra Brands stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 11 | 10 | 9 | 8 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 11 | 11 | 10 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $30 → $31 | Hold | Maintains | $30 → $31 | +14.31% | Oct 17, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $34 → $33 | Hold | Maintains | $34 → $33 | +21.68% | Oct 3, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $29 | Hold | Reiterates | $29 | +6.93% | Oct 3, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $31 → $34 | Hold | Maintains | $31 → $34 | +25.37% | Sep 17, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $36 | Strong Buy | Initiates | $36 | +32.74% | Aug 12, 2024 |
Financial Forecast
Revenue This Year
12.02B
from 12.05B
Decreased by -0.24%
Revenue Next Year
12.20B
from 12.02B
Increased by 1.44%
EPS This Year
2.61
from 0.72
Increased by 262.78%
EPS Next Year
2.71
from 2.61
Increased by 3.90%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 12.6B | 12.9B | 12.9B | |
| Avg | 12.0B | 12.2B | 12.3B | |
| Low | 11.6B | 11.7B | 11.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 4.3% | 7.6% | 6.1% | |
| Avg | -0.2% | 1.4% | 0.9% | |
| Low | -3.7% | -2.9% | -3.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 2.76 | 2.90 | 3.08 | |
| Avg | 2.61 | 2.71 | 2.83 | |
| Low | 2.49 | 2.56 | 2.65 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 283.5% | 10.9% | 13.4% | |
| Avg | 262.8% | 3.9% | 4.1% | |
| Low | 245.7% | -2.1% | -2.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.