FMP
Jul 7, 2025 12:11 PM - Andrew Wynn
Image credit: Google Images
ConAgra Brands, Inc. (NYSE:CAG) is a major player in the packaged foods industry, known for its wide range of products that include frozen, refrigerated, and shelf-stable foods. The company competes with other giants like General Mills and Kraft Heinz. On July 7, 2025, David Palmer from Evercore ISI set a price target of $26 for CAG, suggesting a potential increase of 23.87% from its current trading price of $20.99.
Despite this optimistic outlook from Evercore ISI, UBS has taken a more conservative stance. UBS recently lowered its price target for ConAgra from $22 to $21. This adjustment reflects a cautious approach amidst a fluctuating market environment. On July 10th, ConAgra's stock saw a modest increase of 2.56%, indicating some positive movement despite the lowered target.
Currently, CAG is priced at $20.99, showing a slight decrease of 0.71% with a change of $0.15. The stock has experienced some volatility, with a daily range between $20.93 and $21.27. Over the past year, CAG has seen a high of $33.24 and a low of $20.26, highlighting the stock's fluctuating nature.
ConAgra's market capitalization is approximately $10 billion, reflecting its significant presence in the industry. The stock's trading volume on the NYSE is 6,100,811 shares, indicating active investor interest. As the company navigates market challenges, these metrics provide insight into its current standing and potential future performance.
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