Advertisement
New Zealand markets open in 6 hours 28 minutes
  • NZX 50

    11,803.28
    -49.52 (-0.42%)
     
  • NZD/USD

    0.5938
    +0.0018 (+0.30%)
     
  • ALL ORDS

    7,937.90
    +35.90 (+0.45%)
     
  • OIL

    82.88
    +0.98 (+1.20%)
     
  • GOLD

    2,335.60
    -10.80 (-0.46%)
     

Most Analysts Rate Conagra Brands a ‘Buy’ before Fiscal Q1

Most Analysts Rate Conagra Brands a ‘Buy’ before Fiscal Q1

Wall Street analysts continue to have a favorable outlook on Conagra Brands (CAG) stock. They expect its recent acquisitions, higher net pricing, improving mix, and cost and productivity savings measures to drive its sales and earnings growth rate. A lower effective tax rate is also likely to cushion its earnings.