Royal Bank Of Canada Has Lowered Expectations for Conagra Brands (NYSE:CAG) Stock Price

Conagra Brands (NYSE:CAG) had its price objective lowered by research analysts at Royal Bank Of Canada from $20.00 to $17.00 in a note issued to investors on Thursday,MarketScreener reports. The firm currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 9.43% from the stock’s current price.

A number of other brokerages also recently commented on CAG. Sanford C. Bernstein lowered 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 research note on Monday, December 22nd. Jefferies Financial Group cut their price objective on Conagra Brands from $16.00 to $15.00 and set a “hold” rating for the company in a research report on Monday. UBS Group reiterated a “neutral” rating and issued a $20.00 price target on shares of Conagra Brands in a report on Friday, February 13th. TD Cowen cut their target price on Conagra Brands from $18.00 to $14.00 and set a “hold” rating on the stock in a research report on Wednesday, March 25th. Finally, Zacks Research upgraded shares of Conagra Brands from a “strong sell” rating to a “hold” rating in a research note on Friday, February 20th. Two 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. According to data from MarketBeat.com, Conagra Brands presently has an average rating of “Reduce” and an average price target of $16.53.

Conagra Brands Price Performance

NYSE:CAG opened at $15.54 on Thursday. Conagra Brands has a one year low of $15.03 and a one year 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. 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 stock has a 50 day moving average price of $17.84 and a 200 day moving average price of $17.76.

Conagra Brands (NYSE:CAG) last posted its earnings results on Wednesday, April 1st. The company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.01). Conagra Brands had a positive return on equity of 10.59% and a negative net margin of 0.87%.The business had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. During the same period last year, the business earned $0.51 EPS. Conagra Brands’s revenue was down 1.9% compared to the same quarter last year. Equities research analysts expect that Conagra Brands will post 2.35 EPS for the current fiscal year.

Hedge Funds Weigh In On Conagra Brands

Several large investors have recently bought and sold shares of the stock. Hsbc Holdings PLC increased its holdings in shares of Conagra Brands by 25.0% during the 4th quarter. Hsbc Holdings PLC now owns 785,989 shares of the company’s stock worth $13,634,000 after purchasing an additional 157,423 shares during the period. World Investment Advisors acquired a new stake in shares of Conagra Brands during the fourth quarter worth approximately $177,000. Alpine Global Management LLC acquired a new stake in shares of Conagra Brands during the fourth quarter worth approximately $181,000. Virtu Financial LLC raised its stake in shares of Conagra Brands by 149.6% in the fourth quarter. Virtu Financial LLC now owns 59,039 shares of the company’s stock valued at $1,022,000 after acquiring an additional 35,390 shares during the last quarter. Finally, Sunbelt Securities Inc. boosted its holdings in shares of Conagra Brands by 24.2% in the 4th quarter. Sunbelt Securities Inc. now owns 14,498 shares of the company’s stock worth $251,000 after acquiring an additional 2,826 shares in the last quarter. 83.75% of the stock is currently owned by institutional investors and hedge funds.

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.