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Analysts Offer Insights on Consumer Goods Companies: Conagra Brands (CAG) and Lamb Weston Holdings (LW)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Conagra Brands (CAGResearch Report) and Lamb Weston Holdings (LWResearch Report).

Conagra Brands (CAG)

In a report released today, Kenneth Goldman from J.P. Morgan maintained a Hold rating on Conagra Brands, with a price target of $43.00. The company’s shares closed last Thursday at $39.97, close to its 52-week high of $40.78.

According to TipRanks.com, Goldman is a 5-star analyst with an average return of 9.2% and a 60.3% success rate. Goldman covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Albertsons Companies, and McCormick & Company.

Currently, the analyst consensus on Conagra Brands is a Moderate Buy with an average price target of $40.22, representing a 1.4% upside. In a report issued on January 3, Bank of America Securities also maintained a Hold rating on the stock with a $39.00 price target.

See the top stocks recommended by analysts >>

Lamb Weston Holdings (LW)

J.P. Morgan analyst Thomas Palmer maintained a Buy rating on Lamb Weston Holdings yesterday and set a price target of $107.00. The company’s shares closed last Thursday at $96.03, close to its 52-week high of $96.87.

Palmer has an average return of 20.5% when recommending Lamb Weston Holdings.

According to TipRanks.com, Palmer is ranked #3322 out of 8247 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Lamb Weston Holdings with a $94.00 average price target.

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