Research Analysts’ Recent 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:

• 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.
• 3/25/2026 – Conagra Brands had its price target lowered by TD Cowen from $18.00 to $14.00. They now have a “hold” rating on the stock.
• 3/20/2026 – Conagra Brands had its price target lowered by JPMorgan Chase & Co. from $19.00 to $17.00. They now have a “neutral” rating on the stock.
• 3/12/2026 – Conagra Brands had its “underweight” rating reaffirmed by Wells Fargo & Company. They now have a $15.00 price target on the stock, down from $20.00.
• 2/21/2026 – Conagra Brands was upgraded by Wall Street Zen from “sell” to “hold”.
• 2/20/2026 – Conagra Brands was upgraded by Zacks Research from “strong sell” to “hold”.
• 2/18/2026 – Conagra Brands had its “overweight” rating reaffirmed by Morgan Stanley.
• 2/18/2026 – Conagra Brands had its price target raised by Morgan Stanley from $18.00 to $19.00. They now have an “equal weight” rating on the stock.
• 2/17/2026 – Conagra Brands had its price target raised by Wells Fargo & Company from $18.00 to $20.00. They now have an “equal weight” rating on the stock.

Conagra Brands Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 3rd. Investors of record on Thursday, April 30th will be paid 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 yield of 9.9%. Conagra Brands’s dividend payout ratio (DPR) is currently -1,400.00%.

Insider Transactions at Conagra Brands

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

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.