Shares of Conagra Brands, Inc. (CAG) have traded between $20.86 – 35.6. The next earnings date is set for Mar 19, 2020. Let’s see how its prospects are shaping up.
What does Conagra Brands, Inc.(CAG) do?
Conagra Brands, Inc. engages in the manufacture and sale of processed and packaged foods. It operates through the following segments: Grocery and Snacks; Refrigerated and Frozen; International; Foodservice; and Pinnacle Foods. The Grocery and Snacks segment includes branded, shelf stable food products sold in various retail channels in the United States. The Refrigerated and Frozen segment comprises branded, temperature controlled food products sold in various retail channels in the United States. The International segment consists branded food products, in various temperature states, sold in various retail and foodservice channels outside of the United States. The Foodservice segment focuses in the branded and customized food products, including meals, entrees, sauces, and a variety of custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The Pinnacle Foods segment involves in the commercially branded and private label food and ingredients, in various temperature states, sold in various retail and foodservice channels in the United States and Canada. The company was founded by Alva Kinney and Frank Little in 1919 and is headquartered in Chicago, IL.
CAG Insider Trading Insight
On 2020-01-07, Jana Partners LLC See Remarks sold 2,606,340 shares of CAG. That represents a value of $26,271,347. Not to be outdone, on 2019-12-31, Omtvedt Craig P P – Purchase bought40,000 shares of CAG. These insiders are clearly in the know because they work closely with the company.
The BL Consensus Price Target
The mean recommendation of BlackLine, Inc. from top Wall Street analysts is a Hold. That is based on 2 analysts who work on the Street. Based on 2 analysts offering 12 month price targets for BlackLine in the last 3 months. The average price target is $60.00 with a high forecast of $60.00 and a low forecast of $60.00. The average price target represents a 3.70% increase from the last price of $57.86. Last week, several articles were published in financial papers about BL and 32% Bearish while 68% Bullish.
BL Intraday Trading
BL is due to report earnings on Feb 13, 2020. In the last year the price has ranged from 42.23 – 58.23. Recently, Partin Mark sold 10,000 shares of BL. He is a $550,073 shareholder in BL.
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