Conagra Brands
About: Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of fiscal 2024 revenue). Most of its revenue comes from frozen food, including brands like Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Conagra also sells snacks, shelf-stable staples, and refrigerated food through brands like Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, Wish-Bone, and Chef Boyardee. The company primarily sells through the US retail channel, with just 9% of fiscal 2024 revenue coming from international markets and 10% from foodservice.
Employees: 18,500
Fund manager confidence
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Barclays Andrew Lazar 37% 1-year accuracy 7 / 19 met price target | 26%upside $32 | Overweight Maintained | 7 Apr 2025 |
Morgan Stanley Megan Alexander 44% 1-year accuracy 7 / 16 met price target | 7%upside $27 | Equal-Weight Initiated | 24 Mar 2025 |
JP Morgan Ken Goldman 58% 1-year accuracy 7 / 12 met price target | 3%upside $26 | Neutral Maintained | 6 Mar 2025 |
Goldman Sachs Leah Jordan 64% 1-year accuracy 7 / 11 met price target | 3%upside $26 | Neutral Maintained | 25 Feb 2025 |
Stifel Matthew Smith 72% 1-year accuracy 18 / 25 met price target | 3%upside $26 | Hold Maintained | 19 Feb 2025 |
Financial journalist opinion
Based on 25 articles about CAG published over the past 30 days









