Stifel Nicolaus Lowers Conagra Brands (NYSE:CAG) Price Target to $17.00

Conagra Brands (NYSE:CAG) had its price objective reduced by stock analysts at Stifel Nicolaus from $19.00 to $17.00 in a report issued on Thursday, Marketbeat Ratings reports. The firm presently has a “hold” rating on the stock. Stifel Nicolaus’ price target would suggest a potential upside of 8.25% from the company’s current price.

Several other research firms also recently weighed in on CAG. TD Cowen dropped their price objective on Conagra Brands from $18.00 to $14.00 and set a “hold” rating for the company in a research note on Wednesday, March 25th. The Goldman Sachs Group cut their price objective on shares of Conagra Brands from $17.00 to $15.00 and set a “sell” rating for the company in a research report on Thursday. Wall Street Zen upgraded Conagra Brands from a “sell” rating to a “hold” rating in a report on Saturday, February 21st. Deutsche Bank Aktiengesellschaft reduced their price target on Conagra Brands from $18.00 to $14.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Finally, Morgan Stanley decreased their price objective on Conagra Brands from $19.00 to $17.00 and set an “equal weight” rating on the stock in a report on Thursday. Two investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $16.27.

Conagra Brands Stock Down 0.1%

CAG stock opened at $15.71 on Thursday. The company has a market cap of $7.51 billion, a price-to-earnings ratio of -157.03 and a beta of 0.04. The company has a fifty day moving average price of $17.77 and a 200 day moving average price of $17.72. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.90 and a quick ratio of 0.28. Conagra Brands has a 12 month low of $15.03 and a 12 month high of $27.68.

Conagra Brands (NYSE:CAG) last announced its earnings results on Wednesday, April 1st. The company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.01). Conagra Brands had a negative net margin of 0.39% and a positive return on equity of 10.15%. The company had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. During the same quarter last year, the business posted $0.51 earnings per share. The company’s revenue for the quarter was down 1.9% compared to the same quarter last year. Sell-side analysts expect that Conagra Brands will post 2.35 earnings per share for the current year.

Hedge Funds Weigh In On Conagra Brands

Hedge funds and other institutional investors have recently modified their holdings of the company. WealthPlan Investment Management LLC increased its holdings in shares of Conagra Brands by 5.3% in 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 during the period. Sutton Place Investors LLC raised its holdings in shares of Conagra Brands by 1.9% during the third quarter. Sutton Place Investors LLC now owns 31,196 shares of the company’s stock valued at $571,000 after buying an additional 585 shares during the last quarter. International Private Wealth Advisors LLC boosted its position in shares of 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 buying an additional 609 shares during the period. All Terrain Financial Advisors LLC increased its position in Conagra Brands by 0.3% in the 4th quarter. All Terrain Financial Advisors LLC now owns 176,971 shares of the company’s stock valued at $3,063,000 after acquiring an additional 609 shares during the period. Finally, Blair William & Co. IL raised its stake in Conagra Brands by 0.5% during the 3rd quarter. Blair William & Co. IL now owns 136,235 shares of the company’s stock valued at $2,494,000 after acquiring an additional 633 shares in the last quarter. Institutional investors and hedge funds own 83.75% of the company’s stock.

Key Stories Impacting Conagra Brands

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

• Positive Sentiment: Management said organic sales growth and volume trends are improving, suggesting demand recovery that could support revenue stabilization going forward. Conagra Returns to Organic Sales Growth
• Positive Sentiment: Some analysts continue constructive views (overweight/outperform ratings remain at a few firms), providing a floor for sentiment if execution improves. Analysts Slash Forecasts After Q3 Results
• Neutral Sentiment: Full prepared remarks and call transcript are available — useful for gauging management’s guidance, cost outlook and planned margin actions but contain mixed signals rather than new catalysts. Earnings Call Prepared Remarks Transcript
• Negative Sentiment: Q3 EPS missed estimates ($0.39 vs. $0.40) and management issued a cautious near-term outlook, raising concerns about margin pressure from inflation and costs. That miss is the primary immediate driver of the share decline. Q3 Earnings Call Transcript (EPS Miss)
• Negative Sentiment: Major brokerages slashed price targets and some downgraded ratings (Goldman, Wells Fargo and multiple peers cut PTs), amplifying selling pressure and lowering the analyst-driven support level for the stock. These Analysts Slash Their Forecasts
• Negative Sentiment: Investor governance/ transparency flag: commentary that no insiders set trading plans has raised questions about management confidence and disclosure practices, a potential sentiment headwind for some holders. Insider Trading Plans and Transparency Concerns

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.