BNP Paribas Exane Has Lowered Expectations for Conagra Brands (NYSE:CAG) Stock Price

Conagra Brands (NYSE:CAG) had its price objective dropped by equities researchers at BNP Paribas Exane from $22.00 to $19.00 in a report released on Thursday,MarketScreener reports. The firm presently has an “outperform” rating on the stock. BNP Paribas Exane’s price target suggests a potential upside of 22.30% from the company’s current price.

Several other research analysts have also weighed in on CAG. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Conagra Brands from $18.00 to $14.00 and set a “hold” rating for the company in a research note on Monday. Wall Street Zen upgraded Conagra Brands from a “sell” rating to a “hold” rating in a research note on Saturday, February 21st. Jefferies Financial Group lowered their price target on Conagra Brands from $16.00 to $15.00 and set a “hold” rating for the company in a research report on Monday. Wells Fargo & Company reiterated an “underweight” rating and issued a $15.00 price objective (down from $20.00) on shares of Conagra Brands in a report on Thursday, March 12th. Finally, Zacks Research raised 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 given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $16.53.

Conagra Brands Stock Down 1.2%

Shares of CAG stock opened at $15.54 on Thursday. Conagra Brands has a twelve month low of $15.03 and a twelve month high of $27.68. The stock has a market cap of $7.43 billion, a P/E ratio of -70.61 and a beta of 0.04. The stock has a 50 day moving average of $17.84 and a 200 day moving average of $17.76. The company has a current ratio of 0.89, a quick ratio of 0.28 and a debt-to-equity ratio of 0.80.

Conagra Brands (NYSE:CAG) last issued its quarterly earnings data on Wednesday, April 1st. The company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. During the same period in the previous year, the business earned $0.51 EPS. Conagra Brands’s revenue for the quarter was down 1.9% compared to the same quarter last year. As a group, sell-side analysts expect that Conagra Brands will post 2.35 EPS for the current year.

Hedge Funds Weigh In On Conagra Brands

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CAG. CYBER HORNET ETFs LLC acquired a new position in shares of Conagra Brands in the 2nd quarter valued at $26,000. Harbour Investments Inc. lifted its position in Conagra Brands by 80.4% in the fourth quarter. Harbour Investments Inc. now owns 1,573 shares of the company’s stock valued at $27,000 after acquiring an additional 701 shares during the last quarter. True Wealth Design LLC boosted its stake in Conagra Brands by 844.4% in the third quarter. True Wealth Design LLC now owns 1,596 shares of the company’s stock valued at $29,000 after acquiring an additional 1,427 shares in the last quarter. MUFG Securities EMEA plc acquired a new position in Conagra Brands in the second quarter valued at $29,000. Finally, Spire Wealth Management grew its holdings in shares of Conagra Brands by 249.0% during the third quarter. Spire Wealth Management now owns 1,724 shares of the company’s stock worth $32,000 after purchasing an additional 1,230 shares during the last quarter. 83.75% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Conagra Brands

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.