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Barchart
Barchart
Dipanjan Banchur

Are Wall Street Analysts Bullish on Conagra Brands Stock?

Chicago-based Conagra Brands, Inc. (CAG) is a leading consumer packaged goods company. Valued at $14.49 billion by market cap, the company offers premium edible products and serves customers through its brands Birds Eye, Duncan Hines, Healthy Choice, Marie Callender’s, Reddi-wip, Slim Jim, Angie’s BOOMCHICKAPOP, and many more.

Shares of this consumer-packaged goods company have significantly underperformed the broader market over the past 52 weeks. CAG has declined 3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 18.2%. In 2024, shares of CAG are up 5.7%, compared to SPX’s 11.5% gains on a YTD basis.

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