ConAgra Foods (CAG) : During the past 4 weeks, traders have been relatively bearish on ConAgra Foods (CAG), hence the stock is down -1.33% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.27% relative to the S&P 500. The 4-week change in the price of the stock is -1.54% and the stock has fallen -1.92% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.06% and the fifty day Moving Average is 1.94%. ConAgra Foods, Inc. is up 2.2% in the last three month period. Year-to-Date the stock performance stands at 11.11%.
ConAgra Foods (CAG) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $56 and the lowest price target forecast is $48. The average forecast of all the analysts is $51.83 and the expected standard deviation is $2.71.
ConAgra Foods (NYSE:CAG): On Fridays trading session , Opening price of the stock was $46.19 with an intraday high of $46.57. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $45.93. However, the stock managed to close at $46.04, a loss of 0.07% for the day. On the previous day, the stock had closed at $46.07. The total traded volume of the day was 1,614,514 shares.
ConAgra Foods, Inc. operates as a packaged food company. The Company offers branded and private branded food to households, as well as commercial food, which serve various restaurants and foodservice operations. Its brands include Banquet, Chef Boyardee, Egg Beaters, Healthy Choice, Hebrew National, Hunts, Marie Callenders, Orville Redenbachers, PAM, Peter Pan, Reddi-wip, Slim Jim and Snack Pack, among others. The Company sells its products under private brand labels in grocery, convenience, mass merchandise, club and drug stores. The Company also supplies frozen potato and sweet potato products, as well as other vegetable, spice, bakery and grain products to restaurants, commercial and foodservice customers. It operates in three segments: Consumer Foods, Commercial Foods and Private Brands. It has international manufacturing facilities in Argentina, Canada and Mexico, and interests in ownership of international manufacturing facilities in India and Mexico.