Recent Analysts’ Ratings Updates for Conagra Brands (CAG)

Several brokerages have updated their recommendations and price targets on shares of Conagra Brands (NYSE: CAG) in the last few weeks:

• 5/21/2026 – Conagra Brands had its price target lowered by BNP Paribas Exane from $16.00 to $14.00. They now have a “neutral” rating on the stock.
• 5/20/2026 – Conagra Brands was downgraded by Weiss Ratings from “sell (d+)” to “sell (d)”.
• 5/18/2026 – Conagra Brands had its price target lowered by Wells Fargo & Company from $14.00 to $13.00. They now have an “underweight” rating on the stock.
• 5/11/2026 – Conagra Brands was downgraded by Zacks Research from “hold” to “strong sell”.
• 5/1/2026 – Conagra Brands had its “sell (d+)” rating reaffirmed by Weiss Ratings.
• 4/23/2026 – Conagra Brands had its price target lowered by Morgan Stanley from $17.00 to $15.00. They now have an “equal weight” rating on the stock.
• 4/21/2026 – Conagra Brands had its price target lowered by Stifel Nicolaus from $17.00 to $15.00. They now have a “hold” rating on the stock.
• 4/13/2026 – Conagra Brands is now covered by BTIG Research. They set a “neutral” rating on the stock.
• 4/9/2026 – Conagra Brands was downgraded by BNP Paribas Exane from “outperform” to “neutral”. They now have a $16.00 price target on the stock, down from $19.00.
• 4/2/2026 – Conagra Brands had its price target lowered by UBS Group AG from $20.00 to $16.00. They now have a “neutral” rating on the stock.
• 4/2/2026 – Conagra Brands had its price target lowered by Stifel Nicolaus from $19.00 to $17.00. They now have a “hold” rating on the stock.
• 4/2/2026 – Conagra Brands had its price target lowered by Evercore Inc from $19.00 to $18.00.
• 4/2/2026 – Conagra Brands had its price target lowered by Wells Fargo & Company from $15.00 to $14.00. They now have an “underweight” rating on the stock.
• 4/2/2026 – Conagra Brands had its price target lowered by Sanford C. Bernstein from $18.00 to $16.00. They now have a “market perform” rating on the stock.
• 4/2/2026 – Conagra Brands had its price target lowered by The Goldman Sachs Group, Inc. from $17.00 to $15.00. They now have a “sell” rating on the stock.
• 4/2/2026 – Conagra Brands had its price target lowered by Morgan Stanley from $19.00 to $17.00. They now have an “equal weight” rating on the stock.
• 4/2/2026 – Conagra Brands had its price target lowered by Barclays PLC from $21.00 to $18.00. They now have an “overweight” rating on the stock.
• 4/2/2026 – Conagra Brands had its price target lowered by BNP Paribas Exane from $22.00 to $19.00. They now have an “outperform” rating on the stock.
• 4/2/2026 – Conagra Brands had its price target lowered by Royal Bank Of Canada from $20.00 to $17.00. They now have a “sector perform” rating on the stock.
• 3/30/2026 – Conagra Brands had its price target lowered by Jefferies Financial Group Inc. from $16.00 to $15.00. They now have a “hold” rating on the stock.
• 3/30/2026 – Conagra Brands had its price target lowered by Deutsche Bank Aktiengesellschaft from $18.00 to $14.00. They now have a “hold” rating on the stock.

Conagra Brands Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 3rd. Stockholders of record on Thursday, April 30th will be issued a $0.35 dividend. The ex-dividend date of this dividend is Thursday, April 30th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 10.3%. Conagra Brands’s dividend payout ratio is currently -1,400.00%.

Insider Transactions at Conagra Brands

In other news, Director John J. Mulligan acquired 17,500 shares of Conagra Brands stock in a transaction dated Tuesday, April 14th. The stock was purchased at an average cost of $14.31 per share, for a total transaction of $250,425.00. Following the completion of the purchase, the director directly owned 20,728 shares in the company, valued at $296,617.68. This trade represents a 542.13% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard H. Lenny bought 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 14th. The shares were purchased at an average cost of $14.34 per share, with a total value of $358,500.00. Following the acquisition, the director directly owned 229,340 shares of the company’s stock, valued at approximately $3,288,735.60. This trade represents a 12.23% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.57% of the stock is currently owned by corporate insiders.

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.