A statement released earlier today by Royal Bank Of Canada about ConAgra Foods Inc (NYSE:CAG) bumps the target price to $54.00
- Updated: October 14, 2016
Having a price of $46.92, ConAgra Foods Inc (NYSE:CAG) traded -0.64% lower on the day. With the last close up 2.01% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. ConAgra Foods Inc has recorded a 50-day average of $45.36 and a two hundred day average of $46.00. Volume of trade was down over the average, with 1,942,270 shares of CAG changing hands under the typical 2,799,870
Royal Bank Of Canada raised the target price of ConAgra Foods Inc (NYSE:CAG) to $54.00 reporting a possible upside of 0.15%.
On Wednesday October 05, 2016, Zacks Investment Research released a statement on ConAgra Foods Inc (NYSE:CAG) upped the target price from $0.00 to $53.00 that suggested an upside of 0.12%.
With a total market value of $0, ConAgra Foods Inc has price-earnings ratio of 31.41 with a one year low of $37.97 and a one year high of $48.81 .
A total of 11 analysts have released a report on the stock. 2 brokers rating the stock a strong buy, 4 analysts rating the company a buy, seven equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally 0 firms rating the company a sell with a one year target of $49.27.
Brief Synopsis About ConAgra Foods Inc (NYSE:CAG)
ConAgra Foods, Inc. operates as a packaged food company. The Company sells branded, private branded and customized food products, as well as commercially branded foods and ingredients. It also supplies frozen potato and sweet potato products, as well as other vegetable, spice and grain products to a range of restaurants, foodservice operators and commercial customers. The Company operates through two segments: Consumer Foods and Commercial Foods. The Consumer Foods segment includes branded food sold in various retail channels primarily in North America. The Company's Commercial Foods segment includes commercially branded and private label food and ingredients. Its brands include Marie Callender's, Healthy Choice, Slim Jim, Hebrew National, Orville Redenbacher's, Peter Pan, Reddi-wip, PAM, Snack Pack, Banquet, Chef Boyardee, Egg Beaters and Hunt's. The Company sells its products in grocery, convenience, mass merchandise and club stores.
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