Conagra Brands (NYSE:CAG) Price Target Lowered to $14.00 at Wells Fargo & Company

Conagra Brands (NYSE:CAG) had its price target lowered by Wells Fargo & Company from $15.00 to $14.00 in a research report issued on Thursday,MarketScreener reports. The firm presently has an “underweight” rating on the stock. Wells Fargo & Company‘s price target points to a potential downside of 9.88% from the company’s previous close.

CAG has been the subject of a number of other reports. Sanford C. Bernstein dropped their price target on shares of Conagra Brands from $18.00 to $16.00 and set a “market perform” rating for the company in a research report on Thursday. The Goldman Sachs Group cut their target price on Conagra Brands from $17.00 to $15.00 and set a “sell” rating for the company in a research report on Thursday. Bank of America decreased their price target on Conagra Brands from $18.00 to $17.00 and set an “underperform” rating on the stock in a research report on Monday, December 22nd. Barclays cut their price objective on shares of Conagra Brands from $21.00 to $18.00 and set an “overweight” rating for the company in a research report on Thursday. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on shares of Conagra Brands from $18.00 to $14.00 and set a “hold” rating on the stock in a report on Monday. Two research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, Conagra Brands has an average rating of “Reduce” and a consensus target price 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 firm has a 50-day moving average of $17.84 and a 200-day moving average of $17.76. Conagra Brands has a 52-week low of $15.03 and a 52-week high of $27.68. The stock has a market cap of $7.43 billion, a PE ratio of -70.61 and a beta of 0.04.

Conagra Brands (NYSE:CAG) last issued its quarterly earnings data 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). The business had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. Conagra Brands had a positive return on equity of 10.59% and a negative net margin of 0.87%.Conagra Brands’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.51 EPS. As a group, sell-side analysts forecast that Conagra Brands will post 2.35 EPS for the current year.

Institutional Trading of Conagra Brands

Institutional investors have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Conagra Brands by 45.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 342,942 shares of the company’s stock valued at $6,485,000 after purchasing an additional 106,891 shares during the period. AE Wealth Management LLC increased its holdings in Conagra Brands by 13.7% in the third quarter. AE Wealth Management LLC now owns 720,093 shares of the company’s stock worth $13,185,000 after purchasing an additional 86,604 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Conagra Brands by 15.6% in the third quarter. JPMorgan Chase & Co. now owns 3,021,478 shares of the company’s stock worth $55,323,000 after purchasing an additional 408,597 shares in the last quarter. AIA Group Ltd lifted its stake in Conagra Brands by 238.9% in the third quarter. AIA Group Ltd now owns 205,954 shares of the company’s stock valued at $3,771,000 after buying an additional 145,191 shares during the period. Finally, Alps Advisors Inc. bought a new position in shares of Conagra Brands during the 3rd quarter worth approximately $7,310,000. Institutional investors own 83.75% of the company’s stock.

Conagra Brands News Roundup

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

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.