Jefferies Financial Group Cuts Conagra Brands (NYSE:CAG) Price Target to $15.00

Conagra Brands (NYSE:CAG) had its price objective lowered by Jefferies Financial Group from $16.00 to $15.00 in a research note released on Monday morning,MarketScreener reports. The brokerage currently has a hold rating on the stock.

Several other equities research analysts have also recently weighed in on the stock. Stifel Nicolaus lowered their price target on shares of Conagra Brands from $21.00 to $19.00 and set a “hold” rating for the company in a research report on Thursday, December 11th. Zacks Research raised shares of Conagra Brands from a “strong sell” rating to a “hold” rating in a research note on Friday, February 20th. UBS Group restated a “neutral” rating and set a $20.00 target price on shares of Conagra Brands in a report on Friday, February 13th. Royal Bank Of Canada dropped their target price on Conagra Brands from $22.00 to $20.00 and set a “sector perform” rating on the stock in a research report on Monday, December 22nd. Finally, Wells Fargo & Company reiterated an “underweight” rating and issued a $15.00 price target (down from $20.00) on shares of Conagra Brands in a report on Thursday, March 12th. One analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, Conagra Brands presently has an average rating of “Reduce” and an average target price of $17.79.

Conagra Brands Stock Performance

CAG stock opened at $15.54 on Monday. 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 50-day moving average price of $17.84 and a 200 day moving average price of $17.76. The company has a market capitalization of $7.43 billion, a P/E ratio of -70.61 and a beta of 0.04. Conagra Brands has a 1-year low of $15.03 and a 1-year high of $27.68.

Conagra Brands (NYSE:CAG) last issued its earnings results on Wednesday, April 1st. The company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.01). The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Conagra Brands had a positive return on equity of 10.59% and a negative net margin of 0.87%.The firm’s revenue was down 1.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.51 earnings per share. As a group, equities research analysts forecast that Conagra Brands will post 2.35 EPS for the current fiscal year.

Conagra Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 3rd. Investors of record on Thursday, April 30th will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 9.0%. The ex-dividend date is Thursday, April 30th. Conagra Brands’s payout ratio is -636.36%.

Institutional Investors Weigh In On Conagra Brands

Institutional investors have recently bought and sold shares of the company. CYBER HORNET ETFs LLC purchased a new stake in shares of Conagra Brands during the 2nd quarter valued at $26,000. Harbour Investments Inc. increased its position in Conagra Brands by 80.4% during the 4th quarter. Harbour Investments Inc. now owns 1,573 shares of the company’s stock valued at $27,000 after buying an additional 701 shares in the last quarter. True Wealth Design LLC raised its stake in Conagra Brands by 844.4% in the third quarter. True Wealth Design LLC now owns 1,596 shares of the company’s stock valued at $29,000 after buying an additional 1,427 shares during the last quarter. MUFG Securities EMEA plc purchased a new stake in Conagra Brands in the second quarter valued at about $29,000. Finally, Spire Wealth Management boosted its holdings in Conagra Brands by 249.0% in the third quarter. Spire Wealth Management now owns 1,724 shares of the company’s stock worth $32,000 after acquiring an additional 1,230 shares in the last quarter. 83.75% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Conagra Brands

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

• Positive Sentiment: Revenue beat estimates and showed underlying organic growth (price/mix and volume gains), indicating core category strength and resilience against divestiture impacts. Conagra Brands Reports Third Quarter Results
• Positive Sentiment: Company declared a quarterly dividend of $0.35, supporting income investors and signaling management commitment to capital return. Conagra Brands Announces Quarterly Dividend Payment
• Positive Sentiment: Some value/technical commentators view the pullback as a buying opportunity given high yield, cash‑flow focus and signs of stabilization in core categories (longer‑term bull case).
• Neutral Sentiment: Earnings call transcript and management commentary are available; investors should review the call for color on cost outlook, inflation expectations and timing for margin recovery. Conagra Brands Q3 2026 Earnings Call Transcript
• Neutral Sentiment: Wall Street reaction is mixed — some firms have revised expectations ahead of results, leaving scope for further analyst adjustments in coming weeks. Top Wall Street Forecasters Revamp Conagra Expectations Ahead Of Q3 Earnings
• Negative Sentiment: Management trimmed its full‑year profit outlook and narrowed guidance, citing rising costs and margin pressure — the primary catalyst for the stock weakness. Conagra Brands expects weak annual profit on rising costs
• Negative Sentiment: Q3 EPS of $0.39 missed consensus by $0.01 and fell from $0.51 a year ago; margins contracted despite a revenue beat, highlighting near‑term profitability headwinds. Conagra Brands (CAG) Q3 Earnings Lag Estimates
• Negative Sentiment: Jefferies cut its price target to $15 and maintained a “hold,” reflecting lowered near‑term expectations and contributing to downward analyst pressure. Jefferies Adjusts Price Target on Conagra Brands to $15

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.