It Seems Conagra Brands, Inc. (CAG) Will Go Up. Have Another Big Increase

Conagra Brands, Inc. (NYSE:CAG) Logo

Investors sentiment decreased to 1.11 in Q1 2019. Its down 0.26, from 1.37 in 2018Q4. It worsened, as 77 investors sold Conagra Brands, Inc. shares while 163 reduced holdings. 94 funds opened positions while 172 raised stakes. 416.73 million shares or 5.15% more from 396.33 million shares in 2018Q4 were reported.
Smithfield Com accumulated 2,138 shares. National Bank Of Stockton reported 0.14% stake. Northern has invested 0.04% of its portfolio in Conagra Brands, Inc. (NYSE:CAG). Nelson Van Denburg And Campbell Wealth Group Limited Liability Corp holds 0.01% or 1,387 shares in its portfolio. Fcg Advisors Lc has 9,242 shares. Laurion Cap Management Limited Partnership accumulated 0.12% or 335,265 shares. Meiji Yasuda Asset Mgmt Ltd owns 0.07% invested in Conagra Brands, Inc. (NYSE:CAG) for 30,552 shares. Moreover, Guggenheim Ltd has 0.04% invested in Conagra Brands, Inc. (NYSE:CAG) for 183,071 shares. Sequoia Fincl Advisors Lc holds 19,584 shares. Moreover, Advisory Svcs Network has 0.01% invested in Conagra Brands, Inc. (NYSE:CAG). 11,889 were accumulated by Weatherly Asset Mgmt Lp. 43.17M were accumulated by Blackrock. New Mexico Educational Retirement Board invested 0.05% in Conagra Brands, Inc. (NYSE:CAG). Jnba Fincl holds 0% of its portfolio in Conagra Brands, Inc. (NYSE:CAG) for 510 shares. 1,751 were reported by Brown Brothers Harriman &.

Since April 16, 2019, it had 3 insider purchases, and 0 sales for $1.02 million activity. Another trade for 25,000 shares valued at $668,250 was bought by OMTVEDT CRAIG P. $48,096 worth of Conagra Brands, Inc. (NYSE:CAG) was bought by Arora Anil on Tuesday, April 16.

The stock of Conagra Brands, Inc. (NYSE:CAG) is a huge mover today! The stock increased 2.67% or $0.75 during the last trading session, reaching $28.85. About 2.47M shares traded. Conagra Brands, Inc. (NYSE:CAG) has declined 20.93% since August 15, 2018 and is downtrending. It has underperformed by 20.93% the S&P500.
The move comes after 5 months positive chart setup for the $14.04B company. It was reported on Aug, 15 by Barchart.com. We have $30.87 PT which if reached, will make NYSE:CAG worth $982.66M more.

Analysts await Conagra Brands, Inc. (NYSE:CAG) to report earnings on September, 26. They expect $0.40 EPS, down 14.89 % or $0.07 from last year’s $0.47 per share. CAG’s profit will be $194.63M for 18.03 P/E if the $0.40 EPS becomes a reality. After $0.36 actual EPS reported by Conagra Brands, Inc. for the previous quarter, Wall Street now forecasts 11.11 % EPS growth.

Conagra Brands, Inc. (NYSE:CAG) Ratings Coverage

Among 6 analysts covering Conagra Brands Inc (NYSE:CAG), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Conagra Brands Inc has $44 highest and $30 lowest target. $33.14’s average target is 14.87% above currents $28.85 stock price. Conagra Brands Inc had 12 analyst reports since February 19, 2019 according to SRatingsIntel. Barclays Capital maintained Conagra Brands, Inc. (NYSE:CAG) rating on Tuesday, February 19. Barclays Capital has “Buy” rating and $30 target. Credit Suisse maintained the shares of CAG in report on Thursday, April 11 with “Neutral” rating. Jefferies maintained Conagra Brands, Inc. (NYSE:CAG) on Thursday, March 21 with “Buy” rating. The stock has “Buy” rating by J.P. Morgan on Friday, March 22. Bank of America maintained Conagra Brands, Inc. (NYSE:CAG) rating on Friday, March 22. Bank of America has “Buy” rating and $30 target. The stock of Conagra Brands, Inc. (NYSE:CAG) earned “Buy” rating by Goldman Sachs on Friday, March 22.

More notable recent Conagra Brands, Inc. (NYSE:CAG) news were published by: Finance.Yahoo.com which released: “Interested In Conagra Brands, Inc. (NYSE:CAG)’s Upcoming 0.7% Dividend? You Have 4 Days Left – Yahoo Finance” on July 24, 2019, also Benzinga.com with their article: “ConAgra Foods, Inc. (NYSE:CAG) – Collaborative Spirit Nets Conagra Brands “Shipper Of Choice” Award – Benzinga” published on June 17, 2019, Finance.Yahoo.com published: “Why Conagra Brands, Inc. (NYSE:CAG) Is An Attractive Investment To Consider – Yahoo Finance” on August 11, 2019. More interesting news about Conagra Brands, Inc. (NYSE:CAG) were released by: Finance.Yahoo.com and their article: “Is Now The Time To Look At Buying Conagra Brands, Inc. (NYSE:CAG)? – Yahoo Finance” published on June 25, 2019 as well as Finance.Yahoo.com‘s news article titled: “Does Conagra Brands, Inc. (NYSE:CAG) Have A Place In Your Dividend Portfolio? – Yahoo Finance” with publication date: July 16, 2019.

Conagra Brands, Inc., together with its subsidiaries, operates as a food firm in North America. The company has market cap of $14.04 billion. The firm operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice divisions. It has a 18.91 P/E ratio. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States.

Conagra Brands, Inc. (NYSE:CAG) Institutional Positions Chart

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