share_log

A Quick Look at Today's Ratings for Conagra Brands(CAG.US), With a Forecast Between $31 to $36

Moomoo News ·  Oct 3 09:00  · Ratings

On Oct 03, major Wall Street analysts update their ratings for $Conagra Brands (CAG.US)$, with price targets ranging from $31 to $36.

Goldman Sachs analyst Leah Jordan maintains with a buy rating, and maintains the target price at $36.

Barclays analyst Andrew Lazar maintains with a buy rating, and maintains the target price at $33.

Evercore analyst David Palmer maintains with a hold rating, and maintains the target price at $31.

CFRA analyst Arun Sundaram downgrades to a sell rating.

Furthermore, according to the comprehensive report, the opinions of $Conagra Brands (CAG.US)$'s main analysts recently are as follows:

  • The recent decline in Conagra Brands' share price post-results may be an overstatement. The primary factor for the first-quarter earnings per share shortfall is attributed to a miscalculation of the anticipated profit recovery that is expected by the management for FY25.

Here are the latest investment ratings and price targets for $Conagra Brands (CAG.US)$ from 4 analysts:

StockTodayLatestRating_mm_202375_20241003_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment