Deutsche Bank Aktiengesellschaft Issues Pessimistic Forecast for Conagra Brands (NYSE:CAG) Stock Price

Conagra Brands (NYSE:CAG) had its price objective decreased by equities researchers at Deutsche Bank Aktiengesellschaft from $19.00 to $18.00 in a note issued to investors on Monday, MarketBeat Ratings reports. The brokerage currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 6.08% from the stock’s previous close.

CAG has been the subject of several other reports. UBS Group lowered their price objective on shares of Conagra Brands from $20.00 to $19.00 and set a “neutral” rating for the company in a research report on Wednesday, September 24th. Evercore ISI dropped their price objective on Conagra Brands from $24.00 to $23.00 and set an “in-line” rating for the company in a research report on Wednesday, September 24th. Morgan Stanley raised their price objective on Conagra Brands from $20.00 to $21.00 and gave the company an “equal weight” rating in a research note on Wednesday, September 24th. Royal Bank Of Canada lowered their target price on Conagra Brands from $22.00 to $20.00 and set a “sector perform” rating for the company in a research note on Monday. Finally, Jefferies Financial Group dropped their target price on shares of Conagra Brands from $19.00 to $18.00 and set a “hold” rating for the company in a report on Thursday, December 11th. One investment analyst has rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $19.29.

Conagra Brands Trading Down 1.7%

CAG opened at $16.97 on Monday. The stock has a market capitalization of $8.12 billion, a price-to-earnings ratio of -77.13 and a beta of -0.01. 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 twelve month low of $16.60 and a twelve month high of $28.51. The company has a 50-day simple moving average of $17.60 and a 200 day simple moving average of $18.86.

Conagra Brands (NYSE:CAG) last released its earnings results on Friday, December 19th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.44 by $0.01. Conagra Brands had a negative net margin of 0.87% and a positive return on equity of 10.59%. The firm had revenue of $2.98 billion for the quarter, compared to analyst estimates of $3 billion. During the same period last year, the firm earned $0.70 EPS. The business’s quarterly revenue was down 6.8% compared to the same quarter last year. Conagra Brands has set its FY 2026 guidance at 1.700-1.85 EPS. Analysts predict that Conagra Brands will post 2.35 EPS for the current fiscal year.

Insider Transactions at Conagra Brands

In related news, SVP Melissa C. Napier sold 13,011 shares of Conagra Brands stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $17.19, for a total transaction of $223,659.09. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.57% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Conagra Brands

Several large investors have recently modified their holdings of CAG. Vanguard Group Inc. grew its stake in shares of Conagra Brands by 1.6% in the second quarter. Vanguard Group Inc. now owns 61,369,876 shares of the company’s stock worth $1,256,241,000 after purchasing an additional 966,031 shares during the last quarter. State Street Corp grew its position in shares of Conagra Brands by 2.3% in the 2nd quarter. State Street Corp now owns 26,202,392 shares of the company’s stock valued at $536,363,000 after buying an additional 588,435 shares during the last quarter. Invesco Ltd. increased its stake in shares of Conagra Brands by 25.6% in the third quarter. Invesco Ltd. now owns 15,587,877 shares of the company’s stock valued at $285,414,000 after buying an additional 3,173,767 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Conagra Brands by 21.7% in the third quarter. Dimensional Fund Advisors LP now owns 14,674,084 shares of the company’s stock valued at $268,672,000 after buying an additional 2,618,647 shares during the period. Finally, Geode Capital Management LLC increased its position in Conagra Brands by 1.5% during the 2nd quarter. Geode Capital Management LLC now owns 12,870,239 shares of the company’s stock valued at $262,405,000 after purchasing an additional 193,829 shares during the period. 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:

• Neutral Sentiment: Morgan Stanley kept an equal-weight rating on CAG, signaling no change in conviction from that shop and providing no clear upside catalyst. Morgan Stanley maintains Conagra Brands (CAG) equal-weight recommendation
• Neutral Sentiment: A Globe and Mail roundup highlights mixed analyst views on consumer-packaged-food names including Conagra, underscoring a lack of consensus that can keep volatility elevated but not decisively bullish. Analysts Conflicted on These Consumer Goods Names: Lamb Weston Holdings (LW) and Conagra Brands (CAG)
• Negative Sentiment: Analysts cut forecasts after Conagra’s mixed Q2 results: revenue declined year-over-year and, while EPS slightly beat, the overall tone prompted downward revisions to near-term estimates. That earnings-driven re‑forecasting is a direct headwind for the stock. These Analysts Cut Their Forecasts On Conagra Brands After Q2 Results
• Negative Sentiment: Bank of America lowered its price target to $17 and kept an underperform rating, signaling limited near-term upside and adding selling pressure from a major institutional view. B of A Securities maintains Conagra Brands (CAG) underperform recommendation
• Negative Sentiment: Evercore ISI trimmed its target to $22 (from $23) and stayed “in-line,” reflecting slightly reduced expectations for recovery and contributing to the negative analyst momentum. Evercore ISI adjusts price target on Conagra Brands to $22 from $23; maintains in-line rating
• Negative Sentiment: Deutsche Bank cut its target to $18 and kept a hold rating, and TD Cowen made a similar adjustment to $18 — both moves reinforce the sell/neutral tilt among sell‑side analysts. Deutsche Bank lowers price target on Conagra Brands to $18 from $19; keeps hold rating TD Cowen adjusts price target on Conagra Brands to $18 from $19; maintains hold rating

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.