|Bid||37.03 x 800|
|Ask||37.17 x 2200|
|Day's Range||36.98 - 37.17|
|52 Week Range||30.06 - 37.17|
|Beta (5Y Monthly)||0.60|
|PE Ratio (TTM)||31.19|
|Earnings Date||Jan 04, 2023 - Jan 09, 2023|
|Forward Dividend & Yield||1.32 (3.56%)|
|Ex-Dividend Date||Nov 02, 2022|
|1y Target Est||37.25|
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Food giant Conagra Brands powered to a new high on Friday, surging out of a consolidation pattern and tough April resistance. Lesser-known Dow Jones component Travelers also broke out after the holiday, lifting to an all-time high. Conagra pierced the 37.07 buy point of a multimonth sideways pattern in early trading Friday, hitting new highs.
Conagra Brands (CAG) benefits from its efficient pricing actions amid an inflated cost scenario. The recovery in the foodservice business and strength in the frozen business are also upsides.
Conagra Brands, General Mills, Lamb Weston Holdings, The J. M. Smucker and MGP Ingredients are part of the Zacks top Analyst Blog.