Conagra Brands, Inc. (NYSE:CAG) shares have reportedly been sold by both Meyer Handelman Co. and APG Asset Management N.V. These sales precede the brand's Q1 2025 earnings report which is anticipated with a keen eye from investors. In more fiscal affairs, UMB Bank n.a. has gone against the trend, investing in an additional 22,488 Conagra shares. It's also noted that CAG is a favourite among institutional investors, holding an impressive 88% stake. While earnings occasionally miss estimates, often attributed to cost inflation and consumer backdrop challenges, Conagra has nonetheless made notable strategic gains. For instance, the brand was recently upgraded to \"Strong-Buy\" by BNP Paribas and even reported a 12% stock gain over three months. Conagra's portfolio has also expanded, acquiring
FATTY Smoked Meat Sticks, indicating a potential focus on diversification. However, the company's stock is seen as being undervalued by 49%, a potential opportunity for new investors. Overall, CAG's future trajectory is yet to be solidified, largely dependent on upcoming earnings results.
Conagra Brands CAG News Analytics from Thu, 04 Jan 2024 08:00:00 GMT to Sat, 12 Oct 2024 13:27:49 GMT -
Rating 0
- Innovation 6
- Information 8
- Rumor -4
