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Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Once Upon a Farm, PBC (OFRM) and Conagra Brands (CAG)

Tipranks - Fri Apr 3, 5:54AM CDT

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Once Upon a Farm, PBC (OFRM) and Conagra Brands (CAG).

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Once Upon a Farm, PBC (OFRM)

William Blair analyst Jon Andersen maintained a Buy rating on Once Upon a Farm, PBC today. The company’s shares closed last Wednesday at $15.84, close to its 52-week low of $15.00.

According to TipRanks.com, Andersen is a 1-star analyst with an average return of -2.1% and a 50.3% success rate. Andersen covers the Consumer Goods sector, focusing on stocks such as Simply Good Foods, J & J Snack Foods, and Vita Coco Company. ;'>

Currently, the analyst consensus on Once Upon a Farm, PBC is a Moderate Buy with an average price target of $28.38.

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Conagra Brands (CAG)

In a report released yesterday, Megan Alexander from Morgan Stanley maintained a Hold rating on Conagra Brands, with a price target of $17.00. The company’s shares closed last Wednesday at $15.52.

According to TipRanks.com, Alexander is a 1-star analyst with an average return of -1.2% and a 47.7% success rate. Alexander covers the NA sector, focusing on stocks such as SharkNinja, Inc., Hasbro, and Mattel. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Conagra Brands with a $16.91 average price target, representing a 6.5% upside. In a report issued on March 25, J.P. Morgan also maintained a Hold rating on the stock with a $17.00 price target.

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