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Conagra Brands Inc has a consensus price target of $34.52 based on the ratings of 21 analysts. The high is $44 issued by UBS on April 6, 2023. The low is $28 issued by Jefferies on October 6, 2023. The 3 most-recent analyst ratings were released by B of A Securities, Goldman Sachs, and Barclays on September 17, 2024, August 12, 2024, and July 12, 2024, respectively. With an average price target of $34.33 between B of A Securities, Goldman Sachs, and Barclays, there's an implied 7.12% upside for Conagra Brands Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Conagra Brands (NYSE:CAG) was reported by B of A Securities on September 17, 2024. The analyst firm set a price target for $34.00 expecting CAG to rise to within 12 months (a possible 6.08% upside). 19 analyst firms have reported ratings in the last year.
The latest analyst rating for Conagra Brands (NYSE:CAG) was provided by B of A Securities, and Conagra Brands maintained their neutral rating.
The last upgrade for Conagra Brands Inc happened on March 20, 2023 when Deutsche Bank raised their price target to $35. Deutsche Bank previously had a sell for Conagra Brands Inc.
The last downgrade for Conagra Brands Inc happened on December 11, 2023 when Evercore ISI Group changed their price target from N/A to $32 for Conagra Brands Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Conagra Brands, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Conagra Brands was filed on September 17, 2024 so you should expect the next rating to be made available sometime around September 17, 2025.
While ratings are subjective and will change, the latest Conagra Brands (CAG) rating was a maintained with a price target of $31.00 to $34.00. The current price Conagra Brands (CAG) is trading at is $32.05, which is within the analyst’s predicted range.
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