Conagra Brands (NYSE:CAG) Price Target Cut to $18.00 by Analysts at TD Cowen

Conagra Brands (NYSE:CAG) had its price objective cut by TD Cowen from $19.00 to $18.00 in a research note issued to investors on Monday morning, Marketbeat Ratings reports. They currently have a hold rating on the stock.

A number of other research firms have also commented on CAG. Zacks Research upgraded shares of Conagra Brands from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 2nd. Evercore ISI cut their price target on shares of Conagra Brands from $24.00 to $23.00 and set an “in-line” rating for the company in a report on Wednesday, September 24th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Conagra Brands from $19.00 to $18.00 and set a “hold” rating on the stock in a report on Monday. Weiss Ratings reissued a “sell (d+)” rating on shares of Conagra Brands in a research note on Wednesday, October 8th. Finally, Jefferies Financial Group decreased their target price on Conagra Brands from $19.00 to $18.00 and set a “hold” rating on the stock in a research note on Thursday, December 11th. One research analyst has rated the stock with a Buy rating, thirteen have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Reduce” and an average price target of $19.36.

Conagra Brands Price Performance

Conagra Brands stock opened at $17.27 on Monday. The firm has a market capitalization of $8.26 billion, a P/E ratio of -78.48 and a beta of -0.01. Conagra Brands has a one year low of $16.60 and a one year high of $28.51. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.89 and a quick ratio of 0.28. The business has a fifty day moving average price of $17.63 and a 200-day moving average price of $18.90.

Conagra Brands (NYSE:CAG) last issued its quarterly earnings data on Friday, December 19th. The company reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. The business had revenue of $2.98 billion for the quarter, compared to analysts’ expectations of $3 billion. Conagra Brands had a positive return on equity of 10.59% and a negative net margin of 0.87%.The firm’s quarterly revenue was down 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.70 EPS. Conagra Brands has set its FY 2026 guidance at 1.700-1.85 EPS. As a group, equities research analysts forecast that Conagra Brands will post 2.35 EPS for the current year.

Conagra Brands Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 26th. Investors of record on Tuesday, January 27th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 8.1%. The ex-dividend date of this dividend is Tuesday, January 27th. Conagra Brands’s dividend payout ratio is currently -636.36%.

Insider Transactions at Conagra Brands

In other Conagra Brands news, SVP Melissa C. Napier sold 13,011 shares of Conagra Brands stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $17.19, for a total transaction of $223,659.09. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.57% of the stock is currently owned by company insiders.

Institutional Trading of Conagra Brands

A number of hedge funds have recently bought and sold shares of the company. Quaker Wealth Management LLC boosted its stake in Conagra Brands by 202.3% in the second quarter. Quaker Wealth Management LLC now owns 1,227 shares of the company’s stock worth $25,000 after buying an additional 2,427 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of Conagra Brands in the 2nd quarter worth approximately $26,000. True Wealth Design LLC boosted its stake in shares of Conagra Brands by 844.4% in the 3rd quarter. True Wealth Design LLC now owns 1,596 shares of the company’s stock valued at $29,000 after purchasing an additional 1,427 shares in the last quarter. MUFG Securities EMEA plc bought a new position in shares of Conagra Brands during the 2nd quarter valued at $29,000. Finally, Spire Wealth Management raised its position in Conagra Brands by 249.0% in the 3rd quarter. Spire Wealth Management now owns 1,724 shares of the company’s stock worth $32,000 after purchasing an additional 1,230 shares during the period. Institutional investors own 83.75% of the company’s stock.

Key Headlines Impacting Conagra Brands

Here are the key news stories impacting Conagra Brands this week:

• Positive Sentiment: Conagra affirmed its quarterly dividend of $0.35, which supports income investors and reduces downside risk from payout uncertainty. Article Title
• Positive Sentiment: A recent Seeking Alpha piece argues the market may be misreading Conagra’s elevated yield and that key fundamentals are being overlooked — a contrarian take that could attract value-focused buyers. Article Title
• Neutral Sentiment: General news coverage is flagging the stock’s weakness and linking it to the company’s mixed Q2 results and guidance — useful context for traders but not new fundamental information. Article Title
• Negative Sentiment: Analysts collectively trimmed forecasts and price targets after Conagra’s mixed Q2. Benzinga reports multiple downgrades and forecast cuts tied to the quarter’s weaker revenue and margin dynamics. Article Title
• Negative Sentiment: Evercore ISI lowered its price target to $22 (from $23) and moved to an “in-line” rating — a sign analysts see less upside following Q2. Article Title
• Negative Sentiment: Deutsche Bank cut its target to $18 (from $19) and kept a “hold” rating, reflecting reduced conviction in near-term upside. Article Title
• Negative Sentiment: TD Cowen also trimmed its target to $18 (from $19) and maintained a “hold,” adding to the consensus of tempered expectations. Article Title
• Negative Sentiment: Bank of America cut its target to $17 and set an “underperform” rating — the most bearish of the recent notes and a likely contributor to selling pressure. Article Title
• Negative Sentiment: An analyst-aggregate report shows Conagra receiving an average analyst stance of “Reduce,” underscoring the shift toward cautious/negative sentiment across the street. Article Title

Conagra Brands Company Profile

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.