TD Cowen Lowers Conagra Brands (NYSE:CAG) Price Target to $18.00

Conagra Brands (NYSE:CAG) had its price target dropped by analysts at TD Cowen from $19.00 to $18.00 in a research note issued on Monday, Marketbeat.com reports. The brokerage currently has a “hold” rating on the stock. TD Cowen’s price target would indicate a potential upside of 6.08% from the company’s current price.

Several other equities analysts have also recently issued reports on CAG. Jefferies Financial Group reduced their price target on shares of Conagra Brands from $19.00 to $18.00 and set a “hold” rating on the stock in a research report on Thursday, December 11th. Stifel Nicolaus lowered their target price on Conagra Brands from $21.00 to $19.00 and set a “hold” rating for the company in a research note on Thursday, December 11th. The Goldman Sachs Group reduced their price target on Conagra Brands from $18.00 to $16.00 and set a “sell” rating on the stock in a research note on Monday, November 24th. Royal Bank Of Canada decreased their price objective on Conagra Brands from $22.00 to $20.00 and set a “sector perform” rating for the company in a report on Monday. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Conagra Brands in a research report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating, thirteen have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Conagra Brands has a consensus rating of “Reduce” and a consensus target price of $19.29.

Conagra Brands Price Performance

Shares of Conagra Brands stock opened at $16.97 on Monday. The business has a 50 day moving average of $17.60 and a 200 day moving average of $18.86. Conagra Brands has a 52 week low of $16.60 and a 52 week high of $28.51. The company has a market cap of $8.12 billion, a PE 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 (NYSE:CAG) last released its quarterly earnings results on Friday, December 19th. The company reported $0.45 earnings per share 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 business had revenue of $2.98 billion for the quarter, compared to analysts’ expectations of $3 billion. During the same quarter in the previous year, the business posted $0.70 earnings per share. The firm’s revenue for the quarter 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. As a group, equities research analysts forecast that Conagra Brands will post 2.35 earnings per share for the current year.

Insider Activity

In other news, SVP Melissa C. Napier sold 13,011 shares of Conagra Brands stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $17.19, for a total value of $223,659.09. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.57% of the stock is currently owned by corporate insiders.

Institutional Trading of Conagra Brands

A number of institutional investors and hedge funds have recently bought and sold shares of CAG. Quaker Wealth Management LLC raised its holdings in Conagra Brands by 202.3% in the second quarter. Quaker Wealth Management LLC now owns 1,227 shares of the company’s stock worth $25,000 after buying an additional 2,427 shares during the last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of Conagra Brands during the second quarter valued at approximately $26,000. MUFG Securities EMEA plc bought a new position in Conagra Brands in the 2nd quarter valued at approximately $29,000. True Wealth Design LLC boosted its stake in Conagra Brands by 844.4% during the 3rd quarter. True Wealth Design LLC now owns 1,596 shares of the company’s stock valued at $29,000 after purchasing an additional 1,427 shares during the last quarter. Finally, Clearstead Trust LLC increased its holdings in shares of Conagra Brands by 522.1% in the 2nd quarter. Clearstead Trust LLC now owns 1,636 shares of the company’s stock worth $33,000 after purchasing an additional 1,373 shares in the last quarter. 83.75% of the stock is currently owned by institutional investors.

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.