BNP Paribas Exane Cuts Conagra Brands (NYSE:CAG) Price Target to $19.00

Conagra Brands (NYSE:CAG) had its price target reduced by equities researchers at BNP Paribas Exane from $22.00 to $19.00 in a report released on Thursday,MarketScreener reports. The brokerage currently has an “outperform” rating on the stock. BNP Paribas Exane’s price objective would indicate a potential upside of 22.30% from the company’s current price.

A number of other research firms have also recently weighed in on CAG. Jefferies Financial Group lowered their price target on shares of Conagra Brands from $16.00 to $15.00 and set a “hold” rating on the stock in a research note on Monday. Sanford C. Bernstein dropped their target price on shares of Conagra Brands from $21.00 to $18.00 and set a “market perform” rating for the company in a report on Monday, December 22nd. Evercore reduced their price target on shares of Conagra Brands from $22.00 to $19.00 in a research report on Friday, January 9th. Bank of America dropped their price target on Conagra Brands from $18.00 to $17.00 and set an “underperform” rating for the company in a research report on Monday, December 22nd. Finally, Royal Bank Of Canada decreased their price objective on shares of Conagra Brands from $20.00 to $17.00 and set a “sector perform” rating on the stock in a research report on Thursday. Two research 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’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $16.53.

Conagra Brands Trading Down 1.2%

Shares of Conagra Brands stock opened at $15.54 on Thursday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.28 and a current ratio of 0.89. 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. The company’s fifty day moving average is $17.84 and its two-hundred day moving average is $17.76.

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 0.87% and a positive return on equity of 10.59%. 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. Analysts forecast that Conagra Brands will post 2.35 earnings per share for the current year.

Hedge Funds Weigh In On Conagra Brands

Institutional investors have recently added to or reduced their stakes in the business. CYBER HORNET ETFs LLC purchased a new position in shares of Conagra Brands in the 2nd quarter valued at $26,000. Harbour Investments Inc. lifted its holdings in Conagra Brands by 80.4% during the 4th quarter. Harbour Investments Inc. now owns 1,573 shares of the company’s stock worth $27,000 after buying an additional 701 shares during the last quarter. True Wealth Design LLC increased its holdings 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 acquiring an additional 1,427 shares during the last quarter. MUFG Securities EMEA plc acquired a new stake in shares of Conagra Brands during the 2nd quarter valued at approximately $29,000. Finally, Spire Wealth Management raised its position in shares of Conagra Brands by 249.0% during the 3rd quarter. Spire Wealth Management now owns 1,724 shares of the company’s stock valued at $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.

Trending Headlines about Conagra Brands

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

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.