Conagra Brands, Inc. (CAG)
NYSE: CAG · Real-Time Price · USD
29.35
-0.10 (-0.34%)
Oct 24, 2024, 4:00 PM EDT - 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 7.77% from the current stock price of 29.35.
Analyst Consensus: Hold
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Hold | 11 | 11 | 10 | 9 | 8 | 6 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 12 | 12 | 11 | 11 | 10 | 8 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Wells Fargo | Wells Fargo | Hold Maintains $30 → $31 | Hold | Maintains | $30 → $31 | +5.62% | Oct 17, 2024 |
B of A Securities | B of A Securities | Hold Maintains $34 → $33 | Hold | Maintains | $34 → $33 | +12.44% | Oct 3, 2024 |
RBC Capital | RBC Capital | Hold Reiterates $29 | Hold | Reiterates | $29 | -1.19% | Oct 3, 2024 |
B of A Securities | B of A Securities | Hold Maintains $31 → $34 | Hold | Maintains | $31 → $34 | +15.84% | Sep 17, 2024 |
Goldman Sachs | Goldman Sachs | Strong Buy Initiates $36 | Strong Buy | Initiates | $36 | +22.66% | Aug 12, 2024 |
Financial Forecast
Revenue This Year
12.08B
from 12.05B
Increased by 0.25%
Revenue Next Year
12.24B
from 12.08B
Increased by 1.35%
EPS This Year
2.64
from 0.72
Increased by 266.22%
EPS Next Year
2.73
from 2.64
Increased by 3.48%
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|
High | 12.7B | 13.1B | 13.2B | |
Avg | 12.1B | 12.2B | 12.4B | |
Low | 11.7B | 11.7B | 11.8B |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|
High | 5.2% | 8.1% | 7.6% | |
Avg | 0.2% | 1.3% | 1.2% | |
Low | -3.2% | -3.4% | -3.5% |
EPS Forecast
EPS | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|
High | 2.80 | 2.92 | 3.09 | |
Avg | 2.64 | 2.73 | 2.85 | |
Low | 2.51 | 2.55 | 2.65 |
EPS Growth
EPS Growth | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|
High | 289.4% | 10.7% | 13.1% | |
Avg | 266.2% | 3.5% | 4.6% | |
Low | 248.4% | -3.4% | -3.0% |
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.