Conagra Brands Stock Price Target and Analyst Ratings (NYSE:CAG)

Analyst Price Target for CAG

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

^$35.73

▲ +5.83% 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 $35.73, with a high forecast of $41.00 and a low forecast of $30.00. The average price target represents a 5.83% upside from the last price of $33.76.

Hold

The current consensus among 11 polled investment analysts is to hold stock in Conagra Brands. This rating has held steady since February 2020, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
7 buy ratings
4 hold ratings
1 sell ratings

Ratings as of

7/30/2019

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

Ratings as of

10/28/2019

1 strong buy ratings
7 buy ratings
6 hold ratings
1 sell ratings

Ratings as of

1/26/2020

1 strong buy ratings
7 buy ratings
8 hold ratings
1 sell ratings

Ratings as of

4/25/2020

1 strong buy ratings
6 buy ratings
8 hold ratings
1 sell ratings

Ratings as of

7/24/2020

1 strong buy ratings
5 buy ratings
7 hold ratings
1 sell ratings

Ratings as of

10/22/2020

1 strong buy ratings
4 buy ratings
6 hold ratings
1 sell ratings

Ratings as of

12/21/2020

1 strong buy ratings
3 buy ratings
6 hold ratings
1 sell ratings

Ratings as of

1/20/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
1/8/2021	Jefferies Financial Group	Initiated Coverage	Underperform ➝ Buy	$41.00	Medium	i Rating by Robert Dickerson at Jefferies Financial Group Inc.
1/5/2021	Credit Suisse Group	Downgrade	Neutral ➝ Underperform	$38.00 ➝ $34.00	N/A	i
10/2/2020	Morgan Stanley	Boost Price Target	Equal Weight	$35.00 ➝ $36.00	High	i
8/13/2020	Jefferies Financial Group	Reiterated Rating	Buy	$41.00	Low	i Rating by Robert Dickerson at Jefferies Financial Group Inc.
7/1/2020	Stifel Nicolaus	Boost Price Target		$36.00 ➝ $39.00	Low	i
7/1/2020	Credit Suisse Group	Boost Price Target	Neutral	$36.00 ➝ $38.00	Medium	i
7/1/2020	Morgan Stanley	Boost Price Target	Equal Weight	$32.00 ➝ $35.00	Medium	i
7/1/2020	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$32.00 ➝ $36.00	Medium	i
6/30/2020	Jefferies Financial Group	Upgrade	Buy	$41.00	Medium	i Rating by Robert Dickerson at Jefferies Financial Group Inc.
6/22/2020	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$41.00	Medium	i Rating by Robert Dickerson at Jefferies Financial Group Inc.
6/8/2020	Morgan Stanley	Boost Price Target	Equal Weight	$30.00 ➝ $32.00	Medium	i
5/18/2020	Standpoint Research	Downgrade	Buy ➝ Hold		High	i
5/15/2020	Credit Suisse Group	Boost Price Target	Neutral	$35.00 ➝ $36.00	Low	i
5/11/2020	SunTrust Banks	Downgrade	Buy ➝ Hold	$35.00	Low	i
4/1/2020	Royal Bank of Canada	Reiterated Rating	Hold	$34.00	High	i
4/1/2020	Morgan Stanley	Boost Price Target	Equal Weight	$29.00 ➝ $30.00	Medium	i
3/31/2020	Cfra	Reiterated Rating	Strong-Buy	$33.00 ➝ $35.00	High	i Rating by Arun Sundaram at Cfra
3/31/2020	Jefferies Financial Group	Reiterated Rating	Hold	$27.00	Medium	i Rating by Robert Dickerson at Jefferies Financial Group Inc.
3/18/2020	Sanford C. Bernstein	Upgrade	Underperform ➝ Market Perform	$26.00 ➝ $30.00	High	i
3/12/2020	Cfra	Upgrade	Buy ➝ Strong-Buy		High	i Rating by Arun Sundaram at Cfra
2/27/2020	Standpoint Research	Upgrade	Hold ➝ Buy		Medium	i
2/26/2020	JPMorgan Chase & Co.	Lower Price Target	Overweight	$39.00 ➝ $34.00	High	i
2/19/2020	Jefferies Financial Group	Reiterated Rating	Hold	$34.00	High	i Rating by Robert Dickerson at Jefferies Financial Group Inc.
2/18/2020	Evercore ISI	Reiterated Rating	Buy	$39.00	High	i Rating by David Palmer at Evercore ISI
1/22/2020	Jefferies Financial Group	Initiated Coverage	Hold	$36.00	Low	i
12/22/2019	Barclays	Reiterated Rating	Buy	$36.00	Medium	i Rating by Andrew Lazar at Barclays PLC
12/20/2019	Evercore ISI	Boost Price Target	Outperform	$35.00 ➝ $39.00	Medium	i
12/20/2019	Morgan Stanley	Boost Price Target	Equal Weight	$28.00 ➝ $30.00	Medium	i
12/20/2019	JPMorgan Chase & Co.	Boost Price Target	Overweight	$34.00 ➝ $39.00	High	i
12/20/2019	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$29.00 ➝ $30.00	High	i Rating by Stephen Powers at Deutsche Bank Aktiengesellschaft
12/20/2019	UBS Group	Boost Price Target	Buy ➝ Positive	$32.00 ➝ $38.00	High	i Rating by Steven Strycula at UBS Group AG
12/19/2019	Cfra	Reiterated Rating	Buy	$40.00	High	i Rating by Arun Sundaram at Cfra
12/18/2019	Royal Bank of Canada	Reiterated Rating	Hold	$30.00	Low	i
12/11/2019	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold	$29.00	Medium	i
11/14/2019	Berenberg Bank	Initiated Coverage	Hold	$29.00 ➝ $29.00	Low	i
10/17/2019	Royal Bank of Canada	Initiated Coverage	Sector Perform	$30.00	Medium	i
9/27/2019	Barclays	Set Price Target	Buy	$33.00	High	i Rating by Andrew Lazar at Barclays PLC
9/27/2019	Citigroup	Boost Price Target	Buy	$34.00 ➝ $35.00	Low	i
9/19/2019	Credit Suisse Group	Reiterated Rating	Hold	$29.00	Low	i
9/6/2019	The Goldman Sachs Group	Downgrade	Buy ➝ Neutral	$33.00 ➝ $31.00	High	i Rating by Jason English at The Goldman Sachs Group, Inc.
6/28/2019	UBS Group	Set Price Target	Buy	$32.00	Low	i Rating by Steven Strycula at UBS Group AG
6/28/2019	Bank of America	Set Price Target	Buy	$35.00	Low	i Rating by Bryan Spillane at Bank of America Co.
6/28/2019	Citigroup	Lower Price Target	Buy	$36.00 ➝ $34.00	Low	i
6/11/2019	Evercore ISI	Initiated Coverage	Outperform	$36.00	Low	i
5/20/2019	Morgan Stanley	Initiated Coverage	Equal Weight ➝ Equal Weight	$31.00	Medium	i
5/14/2019	SunTrust Banks	Initiated Coverage	Buy ➝ Buy	$35.00	Medium	i
4/11/2019	Credit Suisse Group	Boost Price Target	Neutral	$27.00 ➝ $30.00	Medium	i Rating by Robert Moskow at Credit Suisse Group AG
4/11/2019	Bank of America	Reiterated Rating	Buy	$30.00	Low	i Rating by Bryan Spillane at Bank of America Co.
3/26/2019	Credit Suisse Group	Boost Price Target	Neutral	$24.00 ➝ $27.00	Low	i Rating by Robert Moskow at Credit Suisse Group AG
3/22/2019	Bank of America	Set Price Target	Buy	$30.00	Medium	i Rating by Bryan Spillane at Bank of America Co.
3/22/2019	The Goldman Sachs Group	Set Price Target	Buy	$31.00 ➝ $32.00	High	i
1/2/2019	The Goldman Sachs Group	Downgrade	Conviction-Buy ➝ Buy		Low	i
12/23/2018	Barclays	Reiterated Rating	Buy	$30.00	High	i
12/20/2018	Credit Suisse Group	Set Price Target	Hold	$39.00	Low	i Rating by Robert Moskow at Credit Suisse Group AG
12/19/2018	Jefferies Financial Group	Reiterated Rating	Buy	$44.00	High	i Rating by Akshay Jagdale at Jefferies Financial Group Inc.
11/26/2018	Credit Suisse Group	Set Price Target	Hold	$40.00 ➝ $35.00	Medium	i Rating by Robert Moskow at Credit Suisse Group AG
11/14/2018	Sanford C. Bernstein	Downgrade	Market Perform ➝ Underperform		High	i
10/31/2018	Credit Suisse Group	Initiated Coverage	Neutral	$40.00	Low	i
10/24/2018	The Goldman Sachs Group	Reiterated Rating	Buy	$42.00	Medium	i
10/8/2018	UBS Group	Upgrade	Neutral ➝ Buy	$38.00 ➝ $40.00	Medium	i Rating by Steven Strycula at UBS Group AG
10/5/2018	Jefferies Financial Group	Set Price Target	Buy	$44.00	Low	i Rating by Akshay Jagdale at Jefferies Financial Group Inc.
9/27/2018	Jefferies Financial Group	Set Price Target	Buy	$44.00	High	i Rating by Akshay Jagdale at Jefferies Financial Group Inc.
8/20/2018	Stephens	Initiated Coverage	Overweight	$45.00	Low	i
7/27/2018	JPMorgan Chase & Co.	Boost Price Target	Overweight ➝ Overweight	$43.00 ➝ $45.00	Low	i
6/28/2018	Citigroup	Lower Price Target	Buy ➝ Buy	$43.00 ➝ $42.00	Low	i
3/23/2018	Royal Bank of Canada	Reiterated Rating	Buy	$46.00	Medium	i
3/23/2018	JPMorgan Chase & Co.	Lower Price Target	Overweight ➝ Overweight	$44.00 ➝ $41.00	Low	i
3/23/2018	UBS Group	Boost Price Target	Neutral ➝ Neutral	$38.00 ➝ $39.00	Low	i Rating by Steven Strycula at UBS Group AG
3/22/2018	Jefferies Financial Group	Reiterated Rating	Buy	$44.00	Medium	i
12/30/2017	Stifel Nicolaus	Boost Price Target	Buy	$38.00 ➝ $42.00	N/A	i
12/25/2017	Credit Suisse Group	Set Price Target	Hold	$40.00	Low	i Rating by Robert Moskow at Credit Suisse Group AG
12/22/2017	Stifel Nicolaus	Boost Price Target	Neutral ➝ Buy	$38.00 ➝ $42.00	Low	i
12/14/2017	Sanford C. Bernstein	Upgrade	Underperform ➝ Market Perform		Medium	i
12/12/2017	UBS Group	Upgrade	Sell ➝ Neutral	$33.00 ➝ $37.00	Low	i
10/29/2017	Stifel Nicolaus	Upgrade	Hold ➝ Buy	$36.00 ➝ $38.00	N/A	i
10/3/2017	Jefferies Financial Group	Reiterated Rating	Buy	$40.00	Medium	i
9/29/2017	Royal Bank of Canada	Reiterated Rating	Buy	$45.00	Low	i
9/25/2017	Morgan Stanley	Lower Price Target	Overweight	$42.00 ➝ $40.00	Low	i
9/25/2017	Credit Suisse Group	Lower Price Target	Neutral	$39.00 ➝ $37.00	Low	i Rating by Robert Moskow at Credit Suisse Group AG
8/11/2017	Credit Suisse Group	Reiterated Rating	Hold	$39.00	Low	i Rating by Robert Moskow at Credit Suisse Group AG
7/1/2017	Credit Suisse Group	Set Price Target	Hold	$39.00	Low	i Rating by Robert Moskow at Credit Suisse Group AG
6/30/2017	UBS Group	Reiterated Rating	Sell	$35.00 ➝ $33.00	N/A	i
6/28/2017	JPMorgan Chase & Co.	Reiterated Rating	Overweight	$44.00 ➝ $42.00	Low	i
6/26/2017	Bank of America	Reiterated Rating	Buy	$44.00 ➝ $43.00	Medium	i
6/26/2017	Morgan Stanley	Reiterated Rating	Overweight	$43.00 ➝ $42.00	Medium	i
6/16/2017	Jefferies Financial Group	Reiterated Rating	Buy		Low	i
5/31/2017	JPMorgan Chase & Co.	Lower Price Target	Overweight	$45.00 ➝ $44.00	Low	i
4/25/2017	UBS Group	Downgrade	Neutral ➝ Sell	$38.00 ➝ $35.00	N/A	i
3/24/2017	Royal Bank of Canada	Boost Price Target	Buy	$42.00 ➝ $45.00	Low	i
3/21/2017	Sanford C. Bernstein	Downgrade	Market Perform ➝ Underperform	$36.00	Medium	i
2/15/2017	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Buy	$46.00	N/A	i Rating by mario contreras at Deutsche Bank Aktiengesellschaft
1/11/2017	Citigroup	Upgrade	Neutral ➝ Buy		N/A	i
12/31/2016	Credit Suisse Group	Boost Price Target	Neutral	$35.00 ➝ $40.00	N/A	i Rating by Robert Moskow at Credit Suisse Group AG
12/23/2016	Credit Suisse Group	Boost Price Target	Neutral	$35.00 ➝ $40.00	N/A	i Rating by Robert Moskow at Credit Suisse Group AG
12/23/2016	Royal Bank of Canada	Reiterated Rating	Outperform	$42.00	N/A	i
11/30/2016	Jefferies Financial Group	Reiterated Rating	Buy	$56.00 ➝ $43.00	N/A	i
11/14/2016	UBS Group	Initiated Coverage	Neutral	$36.00	N/A	i
11/13/2016	Royal Bank of Canada	Reiterated Rating	Outperform	$54.00 ➝ $42.00	N/A	i
11/9/2016	JPMorgan Chase & Co.	Reiterated Rating	Overweight	$55.00	N/A	i
10/19/2016	Stifel Nicolaus	Boost Price Target	Hold	$46.00 ➝ $52.00	N/A	i
10/14/2016	Royal Bank of Canada	Upgrade	Sector Perform ➝ Outperform	$50.00 ➝ $54.00	N/A	i
10/13/2016	Jefferies Financial Group	Reiterated Rating	Buy	$56.00	N/A	i
10/1/2016	Credit Suisse Group	Set Price Target	Hold	$50.00	N/A	i Rating by Robert Moskow at Credit Suisse Group AG
9/30/2016	Citigroup	Boost Price Target	Neutral	$50.00 ➝ $51.00	N/A	i Rating by David Driscoll at Citigroup Inc.
9/23/2016	Deutsche Bank Aktiengesellschaft	Lower Price Target	Hold	$48.00 ➝ $46.00	N/A	i Rating by Mario Contreras at Deutsche Bank Aktiengesellschaft
9/19/2016	Bank of America	Reiterated Rating	Buy	$52.00	N/A	i
7/27/2016	Jefferies Financial Group	Boost Price Target	Buy	$55.00 ➝ $56.00	N/A	i Rating by Akshay Jagdale at Jefferies Financial Group Inc.
7/6/2016	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold	$48.00	N/A	i Rating by Mario Contreras at Deutsche Bank Aktiengesellschaft
7/4/2016	Jefferies Financial Group	Reiterated Rating	Buy	$55.00	N/A	i Rating by Akshay Jagdale at Jefferies Financial Group Inc.
7/3/2016	Royal Bank of Canada	Boost Price Target	Sector Perform	$48.00 ➝ $50.00	N/A	i Rating by David Palmer at Royal Bank of Canada
6/30/2016	Citigroup	Reiterated Rating	Neutral	$50.00	N/A	i Rating by David Driscoll at Citigroup Inc.
6/29/2016	Morgan Stanley	Reiterated Rating	Overweight		N/A	i Rating by Matthew Grainger at Morgan Stanley
6/29/2016	Sanford C. Bernstein	Reiterated Rating	Market Perform	$49.00	N/A	i
6/27/2016	Royal Bank of Canada	Reiterated Rating	Sector Perform	$48.00 ➝ $50.00	N/A	i Rating by David Palmer at Royal Bank of Canada
6/24/2016	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold		N/A	i Rating by Eric Katzman at Deutsche Bank Aktiengesellschaft
4/9/2016	Morgan Stanley	Reiterated Rating	Buy		N/A	i Rating by Matthew Grainger at Morgan Stanley
4/9/2016	Citigroup	Reiterated Rating	Hold		N/A	i Rating by David Driscoll at Citigroup Inc.
4/8/2016	Jefferies Financial Group	Boost Price Target	Buy	$50.00 ➝ $52.00	N/A	i Rating by Akshay Jagdale at Jefferies Financial Group Inc.
4/8/2016	Citigroup	Boost Price Target	Neutral	$44.00 ➝ $50.00	N/A	i
4/8/2016	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold	$46.00 ➝ $48.00	N/A	i Rating by Eric Katzman at Deutsche Bank Aktiengesellschaft
4/6/2016	JPMorgan Chase & Co.	Reiterated Rating	Overweight	$46.00 ➝ $47.00	N/A	i
4/4/2016	Royal Bank of Canada	Reiterated Rating	Sector Perform	$46.00 ➝ $48.00	N/A	i
2/27/2016	The Goldman Sachs Group	Reiterated Rating	Hold		N/A	i Rating by Jason English at The Goldman Sachs Group, Inc.
2/25/2016	The Goldman Sachs Group	Initiated Coverage	Neutral	$48.00	N/A	i
2/12/2016	Bank of America	Upgrade	Neutral ➝ Buy	$46.00	N/A	i
1/27/2016	JPMorgan Chase & Co.	Lower Price Target		$47.00 ➝ $46.00	N/A	i Rating by Kenneth Goldman at JPMorgan Chase & Co.

(Data available from 1/20/2016 forward)

Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States. The Refrigerated & Frozen segment provides temperature controlled food products in various retail channels in the United States. The International segment offers food products in various temperature states in retail and foodservice channels outside of the United States. The Foodservice segment offers food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The company sells its products under the Birds Eye, Marie Callender's, Banquet, Healthy Choice, Slim Jim, Reddi-wip, Vlasic, Angie's BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, Frontera, Chef Boyardee, and Alexia brands. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was founded in 1919 and is headquartered in Chicago, Illinois.

Today's Range

Now: $33.76

$33.06

$33.86

50 Day Range

MA: $35.27

$32.91

$36.62

52 Week Range

Now: $33.76

$22.83

$39.34

Volume

3,900,860 shs

Average Volume

5,348,290 shs

Market Capitalization

$16.49 billion

P/E Ratio

14.87

Dividend Yield

3.27%

Beta

0.86

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: Cfra, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, Evercore ISI, Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley, Royal Bank of Canada, Sanford C. Bernstein, Standpoint Research, Stifel Nicolaus, SunTrust Banks, Inc., and Zacks Investment Research.

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 $35.73, suggesting a possible upside of 6.8%. Jefferies Financial Group Inc. has the highest price target set, predicting CAG will reach $41.00 in the next twelve months. Sanford C. Bernstein has the lowest price target set, forecasting a price of $30.00 for Conagra Brands in the next year.

What is the current consensus analyst rating for Conagra Brands?

Conagra Brands currently has 1 sell rating, 6 hold ratings, 3 buy ratings and 1 strong buy rating 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.

What other companies compete with Conagra Brands?

Other companies that are similar to Conagra Brands include Mondelez International, General Mills, The Hershey, McCormick & Company, Incorporated, Hormel Foods, Tyson Foods, Kellogg, Campbell Soup, The J. M. Smucker, Post, Lancaster Colony, Pilgrim's Pride, Flowers Foods, The Hain Celestial Group and Seaboard.

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 ir@conagra.com. The official website for Conagra Brands is www.conagrabrands.com.

NYSE:CAG - Conagra Brands Stock Price Target and Predictions

Analyst Price Target for CAG

Past Monthly Recommendations

Latest Recommendations

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?