Expert Ratings for Conagra Brands
Portfolio Pulse from Benzinga Insights
Conagra Brands (NYSE:CAG) has received 7 analyst ratings in the last quarter, with an average 12-month price target of $30.43, a decrease of 14.52% from the previous target of $35.60. The ratings include 1 somewhat bullish and 6 indifferent, with no bullish or bearish ratings. Analysts provide these ratings based on financial statements, meetings, and insider information, and they are updated quarterly.
December 11, 2023 | 1:00 pm
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Conagra Brands has an average analyst price target of $30.43, down 14.52% from the previous target, with 1 somewhat bullish and 6 indifferent ratings in the last quarter.
The decrease in the average price target suggests analysts have a more cautious view of Conagra Brands' future performance, which could lead to a neutral short-term impact on the stock price. The lack of strongly bullish or bearish ratings indicates that there may not be significant momentum to drive the price in either direction immediately.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100