TheStreet upgraded ConAgra Foods Inc (NYSE:CAG) to Buy in a report released today.
- Updated: September 30, 2016
Yesterday ConAgra Foods Inc (NYSE:CAG) traded 2.31% higher at $47.10. The company’s 50-day moving average is $45.15 and its 200-day moving average is $45.76. The last stock close price is up 3.41% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 4,499,521 shares of the stock were exchanged, up from an average trading volume of 2,863,290
TheStreet has upgraded ConAgra Foods Inc (NYSE:CAG) to Buy in a report released on 9/29/2016.
Previously on 9/30/2016, Citigroup reported about ConAgra Foods Inc (NYSE:CAG) raised the target price from $50.00 to $51.00. At the time, this indicated a possible upside of 0.08%.
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ConAgra Foods Inc has a 52 week low of $37.97 and a 52 week high of $48.81 The company’s market cap is currently $0.
A total of 11 analysts have released a report on ConAgra Foods Inc. Two analysts rating the company a strong buy, four analysts rating the company a buy, seven analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $49.27.
More 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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