Conagra Brands (NYSE:CAG – Get Free Report) had its price target dropped by Stifel Nicolaus from $19.00 to $17.00 in a research report issued on Thursday,MarketScreener reports. The brokerage presently has a “hold” rating on the stock. Stifel Nicolaus’ price target would indicate a potential upside of 9.43% from the stock’s current price.
Other analysts have also recently issued reports about the company. JPMorgan Chase & Co. reduced their price objective on Conagra Brands from $19.00 to $17.00 and set a “neutral” rating on the stock in a research note on Friday, March 20th. BNP Paribas Exane lowered their target price on Conagra Brands from $22.00 to $19.00 and set an “outperform” rating for the company in a research note on Thursday. UBS Group reaffirmed a “neutral” rating and issued a $20.00 price target on shares of Conagra Brands in a research report on Friday, February 13th. Royal Bank Of Canada decreased their price objective on Conagra Brands from $20.00 to $17.00 and set a “sector perform” rating for the company in a research note on Thursday. Finally, Morgan Stanley lowered their price objective on Conagra Brands from $19.00 to $17.00 and set an “equal weight” rating for the company in a research report on Thursday. Two equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $16.53.
View Our Latest Stock Report on CAG
Conagra Brands Trading Down 1.2%
Conagra Brands (NYSE:CAG – Get Free Report) last released its earnings results on Wednesday, April 1st. The company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.01). Conagra Brands had a positive return on equity of 10.59% and a negative net margin of 0.87%.The business had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. During the same quarter last year, the company earned $0.51 earnings per share. Conagra Brands’s quarterly revenue was down 1.9% compared to the same quarter last year. Equities research analysts predict that Conagra Brands will post 2.35 EPS for the current fiscal year.
Institutional Trading of Conagra Brands
A number of hedge funds and other institutional investors have recently bought and sold shares of CAG. WealthPlan Investment Management LLC boosted its position in shares of Conagra Brands by 5.3% during the 4th quarter. WealthPlan Investment Management LLC now owns 10,920 shares of the company’s stock worth $189,000 after acquiring an additional 548 shares in the last quarter. Sutton Place Investors LLC raised its position in shares of Conagra Brands by 1.9% during the 3rd quarter. Sutton Place Investors LLC now owns 31,196 shares of the company’s stock worth $571,000 after acquiring an additional 585 shares in the last quarter. International Private Wealth Advisors LLC lifted its stake in Conagra Brands by 4.9% during the fourth quarter. International Private Wealth Advisors LLC now owns 13,153 shares of the company’s stock worth $228,000 after purchasing an additional 609 shares during the last quarter. All Terrain Financial Advisors LLC lifted its stake in Conagra Brands by 0.3% during the fourth quarter. All Terrain Financial Advisors LLC now owns 176,971 shares of the company’s stock worth $3,063,000 after purchasing an additional 609 shares during the last quarter. Finally, Blair William & Co. IL boosted its holdings in Conagra Brands by 0.5% in the third quarter. Blair William & Co. IL now owns 136,235 shares of the company’s stock valued at $2,494,000 after purchasing an additional 633 shares in the last quarter. 83.75% of the stock is currently owned by institutional investors and hedge funds.
Key Conagra Brands News
Here are the key news stories impacting Conagra Brands this week:
- Positive Sentiment: Revenue slightly beat estimates and the company reported organic sales growth driven by stronger frozen and snacks volumes, evidence that core categories remain resilient. Conagra Q3 Earnings Miss Estimates Despite Organic Sales Growth
- Positive Sentiment: Management highlighted volume growth and category strength on the earnings call, helping some investors see a path to margin recovery if inflation eases. Conagra Brands Inc (CAG) Q3 2026 Earnings Call Highlights: Strong Volume Growth Amid Inflation …
- Neutral Sentiment: Market commentators and value investors point to a high dividend yield (~9% reported) and technical support at recent lows, which can stabilize the stock despite fundamental headwinds. 3 Signs Now is a Good Time to Buy Conagra Stock
- Negative Sentiment: EPS missed consensus ($0.39 vs $0.40) and margins contracted year‑over‑year, raising near‑term profitability concerns. Conagra Q3 earnings report summary
- Negative Sentiment: Management narrowed and lowered its full‑year profit guidance, citing rising costs — a primary driver of the stock weakness. Conagra Brands expects weak annual profit on rising costs
- Negative Sentiment: Analysts adjusted expectations: Jefferies cut its price target to $15 and several boutiques signaled caution, keeping downward pressure on sentiment. Jefferies adjusts price target on Conagra Brands to $15
- Negative Sentiment: Coverage pieces note broad analyst skepticism relative to peers and some price targets below the stock, amplifying selling pressure after mixed results. What Wall Street Expects From These 3 Food Giants After Mixed Earnings
About Conagra Brands
Conagra Brands, Inc is a leading packaged foods company based in Chicago, Illinois, with a broad portfolio of shelf-stable, frozen and refrigerated foods marketed under familiar brands. The company develops, produces and distributes a wide range of consumer food products, serving both retail grocery and foodservice channels. Conagra’s product lineup includes frozen entrees, snacks, condiments, baking goods and desserts, providing convenient meal solutions for consumers across North America and select international markets.
Among its well-known brands are Birds Eye, Healthy Choice, Lean Cuisine, Marie Callender’s and Banquet in the frozen foods category, as well as Hunt’s sauces, Orville Redenbacher’s popcorn, Slim Jim meat snacks and Reddi-wip toppings.
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