Conagra Brands (CAG) has been a focus in the investment world. The company has been given a new price target of
$25 by JPMorgan Chase & Co., causing mixed sentiments among Wall Street experts. It's also attracting significant attention from
institutional owners who hold a dominant 89% of shares. Conagra has a planned stock divestment of the
Chef Boyardeeยฎ Brand to Hometown Food Company, a Brynwood Partners Portfolio Company, and its ESG initiatives have yielded 90% zero waste and
$12B sustainable sales. However, supply chain constraints led to missed sales estimates and a trim of its 2025 profit forecast. Wall Street analysts are at odds over whether Conagra's stock will rise or fall, with concerns over slowed growth and decreased earnings. Despite this, Conagra is still recognized as an investment option, especially as a defensive play amid current market volatility. Additionally, the company has been commended for its disability inclusion policies, with a
Best Place to Work for Disability Inclusion award for 2024.
Conagra Brands CAG News Analytics from Thu, 12 Dec 2024 08:00:00 GMT to Sat, 10 May 2025 16:55:57 GMT -
Rating -3
- Innovation -5
- Information 5
- Rumor -7
