Conagra Brands (NYSE:CAG) Price Target Raised to $20.00 at Wells Fargo & Company

Conagra Brands (NYSE:CAG) had its price objective raised by Wells Fargo & Company from $18.00 to $20.00 in a research report sent to investors on Tuesday morning,MarketScreener reports. They currently have an equal weight rating on the stock.

Other analysts also recently issued reports about the stock. Wall Street Zen downgraded shares of Conagra Brands from a “hold” rating to a “sell” rating in a research note on Saturday, December 27th. Stifel Nicolaus dropped their price target on Conagra Brands from $21.00 to $19.00 and set a “hold” rating on the stock in a research report on Thursday, December 11th. The Goldman Sachs Group reduced their price objective on Conagra Brands from $18.00 to $16.00 and set a “sell” rating for the company in a research note on Monday, November 24th. JPMorgan Chase & Co. lowered their target price on Conagra Brands from $20.00 to $19.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 16th. Finally, Sanford C. Bernstein dropped their target price on Conagra Brands from $21.00 to $18.00 and set a “market perform” rating on the stock in a report on Monday, December 22nd. One investment analyst has rated the stock with a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Conagra Brands has an average rating of “Reduce” and a consensus price target of $19.00.

Conagra Brands Trading Down 4.4%

NYSE:CAG opened at $18.89 on Tuesday. The company has a quick ratio of 0.28, a current ratio of 0.89 and a debt-to-equity ratio of 0.80. Conagra Brands has a 1-year low of $15.96 and a 1-year high of $28.51. The firm has a market capitalization of $9.04 billion, a price-to-earnings ratio of -85.86 and a beta of -0.01. The stock has a fifty day simple moving average of $17.83 and a 200 day simple moving average of $18.17.

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

Conagra Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 26th. Shareholders of record on Tuesday, January 27th will be paid a $0.35 dividend. The ex-dividend date is Tuesday, January 27th. This represents a $1.40 dividend on an annualized basis and a yield of 7.4%. Conagra Brands’s payout ratio is -636.36%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Guggenheim Capital LLC increased its position in Conagra Brands by 2.1% during the fourth quarter. Guggenheim Capital LLC now owns 187,582 shares of the company’s stock worth $3,247,000 after buying an additional 3,935 shares during the last quarter. Abel Hall LLC bought a new stake in shares of Conagra Brands during the 4th quarter worth about $264,000. Cetera Investment Advisers increased its holdings in shares of Conagra Brands by 17.2% during the 4th quarter. Cetera Investment Advisers now owns 213,582 shares of the company’s stock valued at $3,697,000 after acquiring an additional 31,348 shares during the last quarter. Laird Norton Wetherby Trust Company LLC acquired a new position in shares of Conagra Brands during the 4th quarter valued at about $341,000. Finally, FIL Ltd raised its stake in shares of Conagra Brands by 211.9% in the 4th quarter. FIL Ltd now owns 107,524 shares of the company’s stock valued at $1,861,000 after acquiring an additional 73,047 shares in the last quarter. Institutional investors own 83.75% of the company’s stock.

Key Conagra Brands News

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

• Positive Sentiment: Management reaffirmed FY‑2026 EPS guidance of $1.70–$1.85 and reiterated free cash flow/cash‑generation strength, removing a potential downside surprise. CONAGRA BRANDS REAFFIRMS FISCAL 2026 GUIDANCE AHEAD OF 2026 CAGNY PRESENTATION
• Positive Sentiment: Analysts and company releases highlighted strong cash generation as a strategic focus, which supports financial flexibility and the ability to invest or return capital. Conagra Reaffirms 2026 Outlook, Highlights Strong Cash Generation
• Positive Sentiment: Wells Fargo raised its price target to $20 from $18 (maintaining an Equal‑Weight rating), implying modest upside from current levels — a small vote of analyst confidence. Wells Fargo Adjusts Price Target on Conagra Brands to $20
• Neutral Sentiment: Management delivered prepared remarks at the Consumer Analyst Group of New York (CAGNY) conference outlining strategy and product innovation plans for 2026; remarks were informative but did not introduce major new catalysts. Conagra Brands Presents at CAGNY – Prepared Remarks
• Negative Sentiment: Despite the reaffirmation, the stock fell as investors reacted to a lack of upside in the update and broader sector concerns; market commentary framed the company’s update as underwhelming. Conagra Falls Despite Reaffirming Fiscal 2026 Guidance
• Negative Sentiment: Coverage noted the company’s business update “didn’t inspire” the market — investors appear concerned about revenue/momentum and preferred to see clearer growth catalysts rather than guidance reiteration. Why Conagra Brands Stock Sank Today

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.