Conagra Brands stock gains as Deutsche Bank raises price target
π Conagra Brands stock trades near USD 15.20, sitting above the consensus analyst price target of roughly USD 14.10.
π The broader analyst consensus remains Reduce with a distribution of 1 buy, 11 holds, and 6 sell ratings among 18 analysts.
π¦ Deutsche Bank raised its 12-month price target to USD 13.00 while maintaining a Hold rating on the stock.
π° The company offers an indicated dividend yield of approximately 4.60 percent with a market cap around USD 7.29 billion.
π Analysts expect the next quarterly earnings per share to be USD 0.46, serving as the primary near-term catalyst.
β οΈ The stock trades about 38.3 percent below GuruFocus's modeled intrinsic value of USD 24.65 according to quantitative metrics.
π Shares have risen roughly 15.9 percent over the past three months, moving closer to the upper part of their 52-week range.
π Risk factors include pressure on margins from input-cost volatility and competitive dynamics in branded food products.
- Conagra Brands stock is trading around USD 15.20, which places the share price above the consensus analyst price target of roughly USD 14.10.
- Deutsche Bank raised its 12-month price target from USD 12.00 to USD 13.00, representing an increase of 8.33 percent.
- The consensus analyst rating is Reduce based on coverage from 18 analysts, with a distribution of 6 sell ratings and only 1 buy rating.
- Analysts view the stock as having limited upside versus intrinsic value estimates despite the recent price recovery.