Conagra Brands (NYSE:CAG) Given Consensus Recommendation of “Reduce” by Brokerages

Posted by George Bondi on Jul 9th, 2026

Shares of Conagra Brands (NYSE:CAG – Get Free Report) have earned an average rating of “Reduce” from the eighteen brokerages that are covering the company, Marketbeat.com reports. Six analysts have rated the stock with a sell rating, eleven have given a hold rating and one has assigned a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $14.00.

Several equities research analysts recently commented on CAG shares. BNP Paribas Exane cut their target price on shares of Conagra Brands from $16.00 to $14.00 and set a “neutral” rating on the stock in a research report on Thursday, May 21st. JPMorgan Chase & Co. cut their price target on shares of Conagra Brands from $17.00 to $14.00 and set a “neutral” rating on the stock in a report on Friday, June 5th. UBS Group decreased their price objective on Conagra Brands from $16.00 to $13.00 and set a “neutral” rating for the company in a report on Tuesday, June 2nd. Weiss Ratings lowered Conagra Brands from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, June 25th. Finally, Sanford C. Bernstein reissued an “underperform” rating and issued a $12.00 price target (down from $16.00) on shares of Conagra Brands in a research note on Wednesday, June 3rd.

Read Our Latest Stock Report on Conagra Brands

Conagra Brands Trading Down 1.7%

Shares of CAG stock opened at $13.79 on Thursday. Conagra Brands has a twelve month low of $12.53 and a twelve month high of $20.80. The stock’s fifty day simple moving average is $13.62 and its 200 day simple moving average is $15.85. The company has a quick ratio of 0.30, a current ratio of 0.90 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $6.60 billion, a P/E ratio of -137.84 and a beta of -0.02.

Insiders Place Their Bets

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

Hedge Funds Weigh In On Conagra Brands

A number of institutional investors and hedge funds have recently modified their holdings of the business. WealthPlan Investment Management LLC lifted its position in shares of Conagra Brands by 5.3% during the 4th quarter. WealthPlan Investment Management LLC now owns 10,920 shares of the company’s stock valued at $189,000 after acquiring an additional 548 shares during the period. International Private Wealth Advisors LLC increased its stake in Conagra Brands by 4.9% in the fourth quarter. International Private Wealth Advisors LLC now owns 13,153 shares of the company’s stock valued at $228,000 after purchasing an additional 609 shares in the last quarter. All Terrain Financial Advisors LLC increased its stake in Conagra Brands by 0.3% in the fourth quarter. All Terrain Financial Advisors LLC now owns 176,971 shares of the company’s stock valued at $3,063,000 after purchasing an additional 609 shares in the last quarter. Blair William & Co. IL raised its holdings in shares of Conagra Brands by 0.5% during the third quarter. Blair William & Co. IL now owns 136,235 shares of the company’s stock valued at $2,494,000 after purchasing an additional 633 shares during the period. Finally, Jackson Hole Capital Partners LLC raised its holdings in shares of Conagra Brands by 4.1% during the fourth quarter. Jackson Hole Capital Partners LLC now owns 17,960 shares of the company’s stock valued at $311,000 after purchasing an additional 701 shares during the period. 83.75% of the stock is currently owned by institutional investors.

Conagra Brands Company Profile

(Get Free Report)

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.