conagra foods

Stifel Nicolaus is out with its report today on ConAgra Foods (NYSE: CAG), maintaining Hold. In a note to clients, Stifel Nicolaus writes, "We continue with our Hold rating. We believe the shares' 10% discount to the food group appropriately discounts the weakened fundamental position while...

According to Citi, ConAgra Foods (NYSE: CAG) finishes a tough F2011. Citi said that F2011 can only be characterized as a disappointing year for ConAgra as commodity inflation outpaced ConAgra's ability to increase pricing. “Additionally, during F2011, ConAgra reduced its long-term EPS growth...

Morgan Stanley reiterated its Equal-weight rating on ConAgra Foods (NYSE: CAG) ahead of the company's quarterly earnings report, which is due on June 23rd. In a research report published today, Morgan Stanley commented on its forecasts, "We forecast: i) Net sales growth of 0.1%, comprised of 1.9...

J.M. Smucker (NYSE: SJM) is scheduled to report fourth-quarter fiscal 2011 results before the markets open on Thursday, June 9. Investors hope that last quarter's profit decrease was a one-off and that the company will begin a new streak of consecutive quarters of year-over-year profit growth....

Deutsche Bank, which raised its PT on shares of ConAgra Foods, Inc. (NYSE: CAG), is providing some color on the stock. “It is unclear whether ConAgra succeeds in its takeover of Ralcorp Holdings Inc. (NYSE: RAH) and at what price, but our view is that risk / reward skews more favorable,” Deutsche...

Deutsche Bank has raised the price target on ConAgra Foods (NYSE: CAG) from $23 to $28 and maintains its Hold rating.

In a report from the Economic Research Service, the United States Department of Agriculture has reported that the U.S. red meat production and exports hit record-highs in March and have been steadily increasing since 2007. The USDA has put together a forecast for livestock imports and exports in...

Wells Fargo is initiating coverage on Belo Corp. (NYSE: BLC) with an Outperform rating. It is raising estimates on ConAgra Foods (NYSE: CAG), KeyCorp (NYSE: KEY), SunTrust Banks (NYSE: STI), Accenture (NYSE: ACN), CGI Group (NYSE: GIB) and Oracle (NASDAQ: ORCL). It is lowering estimates on Fifth...

Citi is maintaining its Buy rating on ConAgra Foods Inc (NYSE: CAG). “While ConAgra is producing very good innovation and growth in frozen foods (its largest category), the overall portfolio is being stymied by high inflation and sluggish sales trends, which are limiting FY11 EPS growth,” Citi...

According to Deutsche Bank, ConAgra Foods' (NYSE: CAG) stock's valuation is low vs. peers, the balance sheet is solid, dividend yield is high, and recent reduction in LT growth goals is logical. Deutsche Bank reported that it sees the stock likely to trade in the low to mid $20s for a while. “We...