Conagra Brands (NYSE:CAG) Stock Rating Lowered by Wells Fargo & Company

Conagra Brands (NYSE:CAG) was downgraded by Wells Fargo & Company from an “equal weight” rating to an “underweight” rating in a research report issued to clients and investors on Thursday. They presently have a $15.00 price target on the stock. Wells Fargo & Company‘s target price suggests a potential downside of 11.74% from the company’s previous close.

CAG has been the subject of several other reports. Sanford C. Bernstein reduced their target price on Conagra Brands from $21.00 to $18.00 and set a “market perform” rating for the company in a report on Monday, December 22nd. TD Cowen reiterated a “hold” rating on shares of Conagra Brands in a report on Monday, December 22nd. The Goldman Sachs Group cut their price objective on Conagra Brands from $18.00 to $16.00 and set a “sell” rating on the stock in a research report on Monday, November 24th. JPMorgan Chase & Co. decreased their target price on Conagra Brands from $20.00 to $19.00 and set a “neutral” rating for the company in a research report on Tuesday, December 16th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Conagra Brands in a research note on Wednesday, February 18th. One analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $18.71.

Conagra Brands Stock Performance

Shares of CAG stock opened at $17.00 on Thursday. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.89 and a quick ratio of 0.28. The firm has a 50-day moving average of $18.23 and a 200-day moving average of $18.12. Conagra Brands has a one year low of $15.96 and a one year high of $27.68. The company has a market cap of $8.13 billion, a P/E ratio of -77.25 and a beta of -0.02.

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, topping the consensus estimate of $0.44 by $0.01. The business had revenue of $2.98 billion for the quarter, compared to analysts’ expectations of $3 billion. Conagra Brands had a negative net margin of 0.87% and a positive return on equity of 10.59%. The firm’s revenue for the quarter was down 6.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.70 earnings per share. Conagra Brands has set its FY 2026 guidance at 1.700-1.85 EPS. Equities research analysts forecast that Conagra Brands will post 2.35 EPS for the current fiscal year.

Institutional Trading of Conagra Brands

Large investors have recently bought and sold shares of the company. Hsbc Holdings PLC lifted its position 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 valued at $13,634,000 after buying an additional 157,423 shares during the last quarter. Alpine Global Management LLC purchased a new stake in Conagra Brands in the 4th quarter worth about $181,000. Virtu Financial LLC raised its stake in Conagra Brands by 149.6% in the 4th 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 period. Sunbelt Securities Inc. lifted its holdings in Conagra Brands by 24.2% during the fourth quarter. Sunbelt Securities Inc. now owns 14,498 shares of the company’s stock valued at $251,000 after purchasing an additional 2,826 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in Conagra Brands by 13.3% during the fourth quarter. Invesco Ltd. now owns 17,667,780 shares of the company’s stock valued at $305,829,000 after purchasing an additional 2,079,903 shares during the last quarter. 83.75% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Conagra Brands

Here are the key news stories impacting Conagra Brands this week:

• Positive Sentiment: Conagra announced a major expansion of its Fayetteville, AR production facility — a roughly $220M investment over several years that increases capacity and could support volume and margin recovery over time. Conagra Brands Announces $220M Expansion of Arkansas Production Facility
• Positive Sentiment: Value-oriented research (Zacks) argues the shares may be undervalued based on earnings-estimate trends, which could attract bargain hunters if sentiment stabilizes. Are Investors Undervaluing Conagra Brands (CAG) Right Now?
• Neutral Sentiment: Analysis pieces ask whether the Fayetteville investment changes Conagra’s narrative from cost-cutting/margin focus to growth-capex — outcome is uncertain and will depend on execution and near-term margin impact. Does Conagra Brands’ (CAG) Fayetteville Bet Reframe Its Margin-Focused Investment Narrative?
• Neutral Sentiment: Broader food-sector weakness (Campbell’s disappointing results) has pressured peers, pulling Conagra lower as investors de-risk consumer staples exposure tied to soft volume trends. Why Are Conagra Brands Shares Sliding On Wednesday?
• Negative Sentiment: Goldman Sachs cut its price target to $16 and kept a Sell rating; fresh sell-side pressure and earlier impairment charges have kept focus on slowing volumes and profit headwinds ahead of April results. Conagra Brands slides as fresh sell-side cut pressures sentiment ahead of next earnings
• Negative Sentiment: Coverage and headlines explicitly point to why CAG is falling today, reinforcing bearish sentiment and prompting short-term selling. Why Conagra (CAG) Stock Is Falling Today
• Negative Sentiment: Unusual options activity: ~13,957 put contracts were bought (≈35% above typical put volume), suggesting hedging or bearish bets that amplify downward pressure.

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.