Chicago, Illinois-based Conagra Brands, Inc. (CAG) operates as a consumer packaged goods food company primarily in the United States. The company has a market capitalization of $7.7 billion and operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments.
Companies with a market cap between $2 billion and $10 billion are typically referred to as "mid-cap stocks." Conagra Brands fits into that category, with its market cap falling into the range, reflecting its size and influence in the packaged foods industry.
