Analysts Offer Insights on Consumer Goods Companies: Conagra Brands (CAG) and United Natural Foods (UNFI)

Analysts fell to the sidelines weighing in on Conagra Brands (CAG – Research Report) and United Natural Foods (UNFI – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Conagra Brands (CAG)

In a report released today, Scott Marks CFA from Jefferies reiterated a Hold rating on Conagra Brands, with a price target of $19.00. The company’s shares closed last Wednesday at $19.30.

According to TipRanks.com, CFA is a 1-star analyst with an average return of -2.0% and a 27.8% success rate. CFA covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and McCormick & Company. ;'>

Currently, the analyst consensus on Conagra Brands is a Hold with an average price target of $20.08, implying a 6.6% upside from current levels. In a report issued on September 16, Bernstein also maintained a Hold rating on the stock.

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United Natural Foods (UNFI)

In a report released today, Alexander Slagle from Jefferies assigned a Hold rating to United Natural Foods, with a price target of $40.00. The company’s shares closed last Wednesday at $39.53.

According to TipRanks.com, Slagle is ranked #1508 out of 10052 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for United Natural Foods with a $36.88 average price target, which is a -4.0% downside from current levels. In a report issued on September 21, Guggenheim also maintained a Hold rating on the stock.

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