ConAgra Foods Stock Target Price and Analyst Consensus

CAG Stock  USD 28.19  0.30  1.05%   
The current analyst and expert consensus on ConAgra Foods is Hold with 10 hold recommendations. The current projected ConAgra Foods target price consensus is 31.58 with 12 analyst opinions. One of the most common ways ConAgra Foods analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to ConAgra Foods vendors, executives, and/or customers. ConAgra Foods recommendation module provides expert sentiment on the projected ConAgra Foods target price to derive its highest and lowest estimates based on target price standard deviation of 4.699. Check out Macroaxis Advice on ConAgra Foods to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.
Lowest Forecast
28
Highest Forecast
42
Target Price
31.58
The ConAgra Foods' current Gross Profit is estimated to increase to about 3.3 B. The ConAgra Foods' current Profit Margin is estimated to increase to 0.07.
  
It's important to approach ConAgra Foods' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

ConAgra Foods Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ConAgra target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. ConAgra Foods' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
Number of Opinions13
Lowered Outlook0
Raized Outlook0
Hold
Most ConAgra analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand ConAgra stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of ConAgra Foods, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

ConAgra Foods Target Price Projection

ConAgra Foods' current and average target prices are 28.19 and 31.58, respectively. The current price of ConAgra Foods is the price at which ConAgra Foods is currently trading. On the other hand, ConAgra Foods' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

ConAgra Foods Market Quote on 28th of November 2023

Low Price28.13Odds
High Price28.55Odds

28.19

Target Price

Analyst Consensus On ConAgra Foods Target Price

Low Estimate28.0Odds
High Estimate42.0Odds
Number of Analysts12
Standard Deviation4.699

31.583

Historical Lowest Forecast  28.0 Target Price  31.58 Highest Forecast  42.0
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on ConAgra Foods and the information provided on this page.

ConAgra Foods Analyst Ratings

ConAgra Foods' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about ConAgra Foods stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of ConAgra Foods' financials, market performance, and future outlook by experienced professionals. ConAgra Foods' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize ConAgra Foods price targets

ConAgra Foods' stock target price is an estimate of its future price, usually made by analysts. Using ConAgra Foods' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at ConAgra Foods' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if ConAgra Foods' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional ConAgra Foods Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of ConAgra Foods is a key component of ConAgra Foods valuation and have some predictive power on the future returns of a ConAgra Foods.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of ConAgra Foods' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of ConAgra Foods in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
26.9528.2629.57
Details
Intrinsic
Valuation
LowRealHigh
25.3729.7431.05
Details
Naive
Forecast
LowNextHigh
26.9828.3029.61
Details
Earnings
Estimates (8)
LowProjected EPSHigh
0.660.670.69
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ConAgra Foods. Your research has to be compared to or analyzed against ConAgra Foods' peers to derive any actionable benefits. When done correctly, ConAgra Foods' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ConAgra Foods.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Invested over 10K shares
When determining whether ConAgra Foods is a strong investment it is important to analyze ConAgra Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ConAgra Foods' future performance. For an informed investment choice regarding ConAgra Stock, refer to the following important reports:
Check out Macroaxis Advice on ConAgra Foods to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.
Note that the ConAgra Foods information on this page should be used as a complementary analysis to other ConAgra Foods' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running ConAgra Foods' price analysis, check to measure ConAgra Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ConAgra Foods is operating at the current time. Most of ConAgra Foods' value examination focuses on studying past and present price action to predict the probability of ConAgra Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ConAgra Foods' price. Additionally, you may evaluate how the addition of ConAgra Foods to your portfolios can decrease your overall portfolio volatility.
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The data published in ConAgra Foods' official financial statements usually reflect ConAgra Foods' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of ConAgra Foods. For example, before you start analyzing numbers published by ConAgra accountants, it's critical to develop an understanding of what ConAgra Foods' liquidity, profitability, and earnings quality are in the context of the Food Products space in which it operates.
Please note, the presentation of ConAgra Foods' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ConAgra Foods' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in ConAgra Foods' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ConAgra Foods. Please utilize our Beneish M Score to check the likelihood of ConAgra Foods' management manipulating its earnings.