NYSE:CAG - Conagra Brands Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $35.73
  • Forecasted Upside: 5.83 %
  • Number of Analysts: 11
  • Breakdown:
  • 1 Sell Ratings
  • 6 Hold Ratings
  • 3 Buy Ratings
  • 1 Strong Buy Ratings
$33.76
▲ +0.13 (0.39%)
1 month | 3 months | 12 months
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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
7/30/2019
  • 0 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 1 sell ratings
10/28/2019
  • 1 strong buy ratings
  • 7 buy ratings
  • 6 hold ratings
  • 1 sell ratings
1/26/2020
  • 1 strong buy ratings
  • 7 buy ratings
  • 8 hold ratings
  • 1 sell ratings
4/25/2020
  • 1 strong buy ratings
  • 6 buy ratings
  • 8 hold ratings
  • 1 sell ratings
7/24/2020
  • 1 strong buy ratings
  • 5 buy ratings
  • 7 hold ratings
  • 1 sell ratings
10/22/2020
  • 1 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 1 sell ratings
12/21/2020
  • 1 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 1 sell ratings
1/20/2021

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/8/2021Jefferies Financial GroupInitiated CoverageUnderperform ➝ Buy$41.00Medium
i
Rating by Robert Dickerson at Jefferies Financial Group Inc.
1/5/2021Credit Suisse GroupDowngradeNeutral ➝ Underperform$38.00 ➝ $34.00N/A
i
10/2/2020Morgan StanleyBoost Price TargetEqual Weight$35.00 ➝ $36.00High
i
8/13/2020Jefferies Financial GroupReiterated RatingBuy$41.00Low
i
Rating by Robert Dickerson at Jefferies Financial Group Inc.
7/1/2020Stifel NicolausBoost Price Target$36.00 ➝ $39.00Low
i
7/1/2020Credit Suisse GroupBoost Price TargetNeutral$36.00 ➝ $38.00Medium
i
7/1/2020Morgan StanleyBoost Price TargetEqual Weight$32.00 ➝ $35.00Medium
i
7/1/2020Deutsche Bank AktiengesellschaftBoost Price TargetHold$32.00 ➝ $36.00Medium
i
6/30/2020Jefferies Financial GroupUpgradeBuy$41.00Medium
i
Rating by Robert Dickerson at Jefferies Financial Group Inc.
6/22/2020Jefferies Financial GroupUpgradeHold ➝ Buy$41.00Medium
i
Rating by Robert Dickerson at Jefferies Financial Group Inc.
6/8/2020Morgan StanleyBoost Price TargetEqual Weight$30.00 ➝ $32.00Medium
i
5/18/2020Standpoint ResearchDowngradeBuy ➝ HoldHigh
i
5/15/2020Credit Suisse GroupBoost Price TargetNeutral$35.00 ➝ $36.00Low
i
5/11/2020SunTrust BanksDowngradeBuy ➝ Hold$35.00Low
i
4/1/2020Royal Bank of CanadaReiterated RatingHold$34.00High
i
4/1/2020Morgan StanleyBoost Price TargetEqual Weight$29.00 ➝ $30.00Medium
i
3/31/2020CfraReiterated RatingStrong-Buy$33.00 ➝ $35.00High
i
Rating by Arun Sundaram at Cfra
3/31/2020Jefferies Financial GroupReiterated RatingHold$27.00Medium
i
Rating by Robert Dickerson at Jefferies Financial Group Inc.
3/18/2020Sanford C. BernsteinUpgradeUnderperform ➝ Market Perform$26.00 ➝ $30.00High
i
3/12/2020CfraUpgradeBuy ➝ Strong-BuyHigh
i
Rating by Arun Sundaram at Cfra
2/27/2020Standpoint ResearchUpgradeHold ➝ BuyMedium
i
2/26/2020JPMorgan Chase & Co.Lower Price TargetOverweight$39.00 ➝ $34.00High
i
2/19/2020Jefferies Financial GroupReiterated RatingHold$34.00High
i
Rating by Robert Dickerson at Jefferies Financial Group Inc.
2/18/2020Evercore ISIReiterated RatingBuy$39.00High
i
Rating by David Palmer at Evercore ISI
1/22/2020Jefferies Financial GroupInitiated CoverageHold$36.00Low
i
12/22/2019BarclaysReiterated RatingBuy$36.00Medium
i
Rating by Andrew Lazar at Barclays PLC
12/20/2019Evercore ISIBoost Price TargetOutperform$35.00 ➝ $39.00Medium
i
12/20/2019Morgan StanleyBoost Price TargetEqual Weight$28.00 ➝ $30.00Medium
i
12/20/2019JPMorgan Chase & Co.Boost Price TargetOverweight$34.00 ➝ $39.00High
i
12/20/2019Deutsche Bank AktiengesellschaftBoost Price TargetHold$29.00 ➝ $30.00High
i
Rating by Stephen Powers at Deutsche Bank Aktiengesellschaft
12/20/2019UBS GroupBoost Price TargetBuy ➝ Positive$32.00 ➝ $38.00High
i
Rating by Steven Strycula at UBS Group AG
12/19/2019CfraReiterated RatingBuy$40.00High
i
Rating by Arun Sundaram at Cfra
12/18/2019Royal Bank of CanadaReiterated RatingHold$30.00Low
i
12/11/2019Deutsche Bank AktiengesellschaftReiterated RatingHold$29.00Medium
i
11/14/2019Berenberg BankInitiated CoverageHold$29.00 ➝ $29.00Low
i
10/17/2019Royal Bank of CanadaInitiated CoverageSector Perform$30.00Medium
i
9/27/2019BarclaysSet Price TargetBuy$33.00High
i
Rating by Andrew Lazar at Barclays PLC
9/27/2019CitigroupBoost Price TargetBuy$34.00 ➝ $35.00Low
i
9/19/2019Credit Suisse GroupReiterated RatingHold$29.00Low
i
9/6/2019The Goldman Sachs GroupDowngradeBuy ➝ Neutral$33.00 ➝ $31.00High
i
Rating by Jason English at The Goldman Sachs Group, Inc.
6/28/2019UBS GroupSet Price TargetBuy$32.00Low
i
Rating by Steven Strycula at UBS Group AG
6/28/2019Bank of AmericaSet Price TargetBuy$35.00Low
i
Rating by Bryan Spillane at Bank of America Co.
6/28/2019CitigroupLower Price TargetBuy$36.00 ➝ $34.00Low
i
6/11/2019Evercore ISIInitiated CoverageOutperform$36.00Low
i
5/20/2019Morgan StanleyInitiated CoverageEqual Weight ➝ Equal Weight$31.00Medium
i
5/14/2019SunTrust BanksInitiated CoverageBuy ➝ Buy$35.00Medium
i
4/11/2019Credit Suisse GroupBoost Price TargetNeutral$27.00 ➝ $30.00Medium
i
Rating by Robert Moskow at Credit Suisse Group AG
4/11/2019Bank of AmericaReiterated RatingBuy$30.00Low
i
Rating by Bryan Spillane at Bank of America Co.
3/26/2019Credit Suisse GroupBoost Price TargetNeutral$24.00 ➝ $27.00Low
i
Rating by Robert Moskow at Credit Suisse Group AG
3/22/2019Bank of AmericaSet Price TargetBuy$30.00Medium
i
Rating by Bryan Spillane at Bank of America Co.
3/22/2019The Goldman Sachs GroupSet Price TargetBuy$31.00 ➝ $32.00High
i
1/2/2019The Goldman Sachs GroupDowngradeConviction-Buy ➝ BuyLow
i
12/23/2018BarclaysReiterated RatingBuy$30.00High
i
12/20/2018Credit Suisse GroupSet Price TargetHold$39.00Low
i
Rating by Robert Moskow at Credit Suisse Group AG
12/19/2018Jefferies Financial GroupReiterated RatingBuy$44.00High
i
Rating by Akshay Jagdale at Jefferies Financial Group Inc.
11/26/2018Credit Suisse GroupSet Price TargetHold$40.00 ➝ $35.00Medium
i
Rating by Robert Moskow at Credit Suisse Group AG
11/14/2018Sanford C. BernsteinDowngradeMarket Perform ➝ UnderperformHigh
i
10/31/2018Credit Suisse GroupInitiated CoverageNeutral$40.00Low
i
10/24/2018The Goldman Sachs GroupReiterated RatingBuy$42.00Medium
i
10/8/2018UBS GroupUpgradeNeutral ➝ Buy$38.00 ➝ $40.00Medium
i
Rating by Steven Strycula at UBS Group AG
10/5/2018Jefferies Financial GroupSet Price TargetBuy$44.00Low
i
Rating by Akshay Jagdale at Jefferies Financial Group Inc.
9/27/2018Jefferies Financial GroupSet Price TargetBuy$44.00High
i
Rating by Akshay Jagdale at Jefferies Financial Group Inc.
8/20/2018StephensInitiated CoverageOverweight$45.00Low
i
7/27/2018JPMorgan Chase & Co.Boost Price TargetOverweight ➝ Overweight$43.00 ➝ $45.00Low
i
6/28/2018CitigroupLower Price TargetBuy ➝ Buy$43.00 ➝ $42.00Low
i
3/23/2018Royal Bank of CanadaReiterated RatingBuy$46.00Medium
i
3/23/2018JPMorgan Chase & Co.Lower Price TargetOverweight ➝ Overweight$44.00 ➝ $41.00Low
i
3/23/2018UBS GroupBoost Price TargetNeutral ➝ Neutral$38.00 ➝ $39.00Low
i
Rating by Steven Strycula at UBS Group AG
3/22/2018Jefferies Financial GroupReiterated RatingBuy$44.00Medium
i
12/30/2017Stifel NicolausBoost Price TargetBuy$38.00 ➝ $42.00N/A
i
12/25/2017Credit Suisse GroupSet Price TargetHold$40.00Low
i
Rating by Robert Moskow at Credit Suisse Group AG
12/22/2017Stifel NicolausBoost Price TargetNeutral ➝ Buy$38.00 ➝ $42.00Low
i
12/14/2017Sanford C. BernsteinUpgradeUnderperform ➝ Market PerformMedium
i
12/12/2017UBS GroupUpgradeSell ➝ Neutral$33.00 ➝ $37.00Low
i
10/29/2017Stifel NicolausUpgradeHold ➝ Buy$36.00 ➝ $38.00N/A
i
10/3/2017Jefferies Financial GroupReiterated RatingBuy$40.00Medium
i
9/29/2017Royal Bank of CanadaReiterated RatingBuy$45.00Low
i
9/25/2017Morgan StanleyLower Price TargetOverweight$42.00 ➝ $40.00Low
i
9/25/2017Credit Suisse GroupLower Price TargetNeutral$39.00 ➝ $37.00Low
i
Rating by Robert Moskow at Credit Suisse Group AG
8/11/2017Credit Suisse GroupReiterated RatingHold$39.00Low
i
Rating by Robert Moskow at Credit Suisse Group AG
7/1/2017Credit Suisse GroupSet Price TargetHold$39.00Low
i
Rating by Robert Moskow at Credit Suisse Group AG
6/30/2017UBS GroupReiterated RatingSell$35.00 ➝ $33.00N/A
i
6/28/2017JPMorgan Chase & Co.Reiterated RatingOverweight$44.00 ➝ $42.00Low
i
6/26/2017Bank of AmericaReiterated RatingBuy$44.00 ➝ $43.00Medium
i
6/26/2017Morgan StanleyReiterated RatingOverweight$43.00 ➝ $42.00Medium
i
6/16/2017Jefferies Financial GroupReiterated RatingBuyLow
i
5/31/2017JPMorgan Chase & Co.Lower Price TargetOverweight$45.00 ➝ $44.00Low
i
4/25/2017UBS GroupDowngradeNeutral ➝ Sell$38.00 ➝ $35.00N/A
i
3/24/2017Royal Bank of CanadaBoost Price TargetBuy$42.00 ➝ $45.00Low
i
3/21/2017Sanford C. BernsteinDowngradeMarket Perform ➝ Underperform$36.00Medium
i
2/15/2017Deutsche Bank AktiengesellschaftInitiated CoverageBuy$46.00N/A
i
Rating by mario contreras at Deutsche Bank Aktiengesellschaft
1/11/2017CitigroupUpgradeNeutral ➝ BuyN/A
i
12/31/2016Credit Suisse GroupBoost Price TargetNeutral$35.00 ➝ $40.00N/A
i
Rating by Robert Moskow at Credit Suisse Group AG
12/23/2016Credit Suisse GroupBoost Price TargetNeutral$35.00 ➝ $40.00N/A
i
Rating by Robert Moskow at Credit Suisse Group AG
12/23/2016Royal Bank of CanadaReiterated RatingOutperform$42.00N/A
i
11/30/2016Jefferies Financial GroupReiterated RatingBuy$56.00 ➝ $43.00N/A
i
11/14/2016UBS GroupInitiated CoverageNeutral$36.00N/A
i
11/13/2016Royal Bank of CanadaReiterated RatingOutperform$54.00 ➝ $42.00N/A
i
11/9/2016JPMorgan Chase & Co.Reiterated RatingOverweight$55.00N/A
i
10/19/2016Stifel NicolausBoost Price TargetHold$46.00 ➝ $52.00N/A
i
10/14/2016Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$50.00 ➝ $54.00N/A
i
10/13/2016Jefferies Financial GroupReiterated RatingBuy$56.00N/A
i
10/1/2016Credit Suisse GroupSet Price TargetHold$50.00N/A
i
Rating by Robert Moskow at Credit Suisse Group AG
9/30/2016CitigroupBoost Price TargetNeutral$50.00 ➝ $51.00N/A
i
Rating by David Driscoll at Citigroup Inc.
9/23/2016Deutsche Bank AktiengesellschaftLower Price TargetHold$48.00 ➝ $46.00N/A
i
Rating by Mario Contreras at Deutsche Bank Aktiengesellschaft
9/19/2016Bank of AmericaReiterated RatingBuy$52.00N/A
i
7/27/2016Jefferies Financial GroupBoost Price TargetBuy$55.00 ➝ $56.00N/A
i
Rating by Akshay Jagdale at Jefferies Financial Group Inc.
7/6/2016Deutsche Bank AktiengesellschaftReiterated RatingHold$48.00N/A
i
Rating by Mario Contreras at Deutsche Bank Aktiengesellschaft
7/4/2016Jefferies Financial GroupReiterated RatingBuy$55.00N/A
i
Rating by Akshay Jagdale at Jefferies Financial Group Inc.
7/3/2016Royal Bank of CanadaBoost Price TargetSector Perform$48.00 ➝ $50.00N/A
i
Rating by David Palmer at Royal Bank of Canada
6/30/2016CitigroupReiterated RatingNeutral$50.00N/A
i
Rating by David Driscoll at Citigroup Inc.
6/29/2016Morgan StanleyReiterated RatingOverweightN/A
i
Rating by Matthew Grainger at Morgan Stanley
6/29/2016Sanford C. BernsteinReiterated RatingMarket Perform$49.00N/A
i
6/27/2016Royal Bank of CanadaReiterated RatingSector Perform$48.00 ➝ $50.00N/A
i
Rating by David Palmer at Royal Bank of Canada
6/24/2016Deutsche Bank AktiengesellschaftReiterated RatingHoldN/A
i
Rating by Eric Katzman at Deutsche Bank Aktiengesellschaft
4/9/2016Morgan StanleyReiterated RatingBuyN/A
i
Rating by Matthew Grainger at Morgan Stanley
4/9/2016CitigroupReiterated RatingHoldN/A
i
Rating by David Driscoll at Citigroup Inc.
4/8/2016Jefferies Financial GroupBoost Price TargetBuy$50.00 ➝ $52.00N/A
i
Rating by Akshay Jagdale at Jefferies Financial Group Inc.
4/8/2016CitigroupBoost Price TargetNeutral$44.00 ➝ $50.00N/A
i
4/8/2016Deutsche Bank AktiengesellschaftReiterated RatingHold$46.00 ➝ $48.00N/A
i
Rating by Eric Katzman at Deutsche Bank Aktiengesellschaft
4/6/2016JPMorgan Chase & Co.Reiterated RatingOverweight$46.00 ➝ $47.00N/A
i
4/4/2016Royal Bank of CanadaReiterated RatingSector Perform$46.00 ➝ $48.00N/A
i
2/27/2016The Goldman Sachs GroupReiterated RatingHoldN/A
i
Rating by Jason English at The Goldman Sachs Group, Inc.
2/25/2016The Goldman Sachs GroupInitiated CoverageNeutral$48.00N/A
i
2/12/2016Bank of AmericaUpgradeNeutral ➝ Buy$46.00N/A
i
1/27/2016JPMorgan Chase & Co.Lower Price Target$47.00 ➝ $46.00N/A
i
Rating by Kenneth Goldman at JPMorgan Chase & Co.
(Data available from 1/20/2016 forward)
Conagra Brands logo
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.
Read More

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?

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.