ConAgra Foods (CAG) : During the past 4 weeks, traders have been relatively bearish on ConAgra Foods (CAG), hence the stock is down -6.45% 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 -1.38% relative to the S&P 500. The 4-week change in the price of the stock is -4.12% and the stock has fallen -0.96% in the past 1 week.
ConAgra Foods (NYSE:CAG): The stock opened at $47.00 on Friday but the bulls could not build on the opening and the stock topped out at $47.15 for the day. The stock traded down to $46.28 during the day, due to lack of any buying support eventually closed down at $46.31 with a loss of -1.07% for the day. The stock had closed at $46.81 on the previous day. The total traded volume was 3,493,828 shares.
The stock has recorded a 20-day Moving Average of 1.81% and the 50-Day Moving Average is 1.05%. ConAgra Foods, Inc. is up 3.49% in the last 3-month period. Year-to-Date the stock performance stands at 11.77%.
ConAgra Foods (CAG) : 7 investment research analysts covering ConAgra Foods (CAG) have an average price target of $51.86 for the near short term. The highest target price given by the Brokerage Firm to the stock is $56 and the lowest target is $48 for the short term. Analysts expect the variance to be within $2.48 of the average price.
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.