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ConAgra Foods (CAG) Tops Q3 EPS by 9c

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Jefferies Raises Price Target on ConAgra Foods (CAG) to $57 Following 3Q

April 8, 2016 7:33 AM EDT

Jefferies reiterated a Buy rating on ConAgra Foods (NYSE: CAG), and raised the price target to $52.00 (from $50.00) following the company's 3Q earnings report. Consolidated EBIT beat estimates by $0.08/ shr, driven $0.06 by Consumer Foods and $0.02 by Commercial Foods.

Analyst Akshay Jagdale commented, "We... More

ConAgra Foods (CAG) Declares $0.25 Quarterly Dividend; 2.2% Yield

April 7, 2016 7:46 AM EDT

ConAgra Foods (NYSE: CAG) declared a quarterly dividend of $0.25 per share, or $1 annualized.

The dividend will be payable on June 1, 2016, to stockholders of record on April 29, 2016, with an ex-dividend date of April 27, 2016.

The annual yield on the dividend is 2.2 percent.

For... More