<div id="readability-page-1"><p><span>Conagra Brands (NYSE:CAG - Get Free Report)</span> had its target price reduced by analysts at Wells Fargo &amp; Company  from $20.00 to $19.00 in a research note issued to investors on Friday,MarketScreener reports. The firm presently has an &#34;equal weight&#34; rating on the stock. Wells Fargo &amp; Company's target price suggests a potential upside of 7.27% from the stock's previous close.</p><ul><li>Worried About Mag 7 Concentration Risk? This ETF Could Help</li></ul><p>Several other equities analysts have also commented on CAG. Morgan Stanley increased their price objective on shares of Conagra Brands from $20.00 to $21.00 and gave the company an &#34;equal weight&#34; rating in a research report on Wednesday, September 24th. Weiss Ratings  reiterated a &#34;sell (d+)&#34; rating on shares of Conagra Brands in a research note on Wednesday, October 8th. UBS Group dropped their price objective on shares of Conagra Brands from $20.00 to $19.00 and set a &#34;neutral&#34; rating on the stock in a report on Wednesday, September 24th. Evercore ISI reduced their target price on Conagra Brands from $24.00 to $23.00 and set an &#34;in-line&#34; rating for the company in a research note on Wednesday, September 24th. Finally, Zacks Research upgraded Conagra Brands from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research note on Thursday, October 2nd. One equities research analyst  has rated the stock with a Buy rating, nine have given a Hold rating and three have issued  a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of &#34;Reduce&#34; and a consensus target price of $20.33.</p><div><p><span></span><span>Get <strong>Conagra Brands</strong> alerts:</span></p></div><p><b>View Our Latest Stock Analysis on Conagra Brands</b></p><h2>Conagra Brands Stock Performance</h2><ul><li>Conagra Brands High-Yield and Deep Value Are a Buy in October</li></ul><p>Shares of CAG opened at $17.71 on Friday. The company has a current ratio of 1.06, a quick ratio of 0.44 and a debt-to-equity ratio of 0.81. The firm has a market cap of $8.47 billion, a PE ratio of 10.07 and a beta of -0.01. Conagra Brands has a 12 month low of $16.60 and a 12 month high of $28.51. The stock has a fifty day moving average price of $17.77 and a 200-day moving average price of $19.19. </p><p>Conagra Brands (NYSE:CAG - Get Free Report) last announced its earnings results on Wednesday, October 1st. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.06. The company had revenue of $2.63 billion for the quarter, compared to analyst estimates of $2.62 billion. Conagra Brands had a return on equity of 11.72% and a net margin of 7.42%.The firm's quarterly revenue was down 5.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.53 EPS. Conagra Brands has set its FY 2026 guidance at 1.700-1.85 EPS.  Equities research analysts predict that  Conagra Brands will post 2.35 earnings per share for the current fiscal year. </p><h2>Insider Activity</h2><ul><li>Conagra at Rock Bottom: 7% Yield &amp; Turnaround Poised</li></ul><p>In other news, SVP Melissa C. Napier sold 13,011 shares of the company's stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $17.19, for a total value of $223,659.09. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.57% of the stock is currently owned by company insiders. </p><h2>Institutional Inflows and Outflows</h2><p>Institutional investors have recently bought and sold shares of the stock. Citigroup Inc. grew its stake in shares of  Conagra Brands by 41.2% during the 1st quarter. Citigroup Inc. now owns 529,404 shares of the company's stock worth $14,119,000 after purchasing an additional 154,585 shares during the period.  Benjamin Edwards Inc. boosted its holdings in  Conagra Brands by 16.0% during the first quarter. Benjamin Edwards Inc. now owns 14,639 shares of the company's stock worth $390,000 after buying an additional 2,024 shares in the last quarter.  Nuveen LLC acquired a new stake in  Conagra Brands during the first quarter valued at $29,238,000.  Independent Advisor Alliance increased its holdings in  Conagra Brands by 6.1% in the first quarter. Independent Advisor Alliance now owns 9,327 shares of the company's stock valued at $249,000 after buying an additional 539 shares in the last quarter.  Finally, Public Sector Pension Investment Board increased its holdings in  Conagra Brands by 8.4% in the first quarter. Public Sector Pension Investment Board now owns 64,687 shares of the company's stock valued at $1,725,000 after buying an additional 5,015 shares in the last quarter. 83.75% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>About Conagra Brands</h2> (Get Free Report)<p>Conagra Brands, Inc, together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery &amp; Snacks, Refrigerated &amp; Frozen, International, and Foodservice segments. The Grocery &amp; Snacks segment primarily offers shelf stable food products through various retail channels.</p><h2>See Also</h2><ul><li>Five stocks we like better than Conagra Brands</li><li>Stock Average Calculator      </li><li>Santa Claus May Be Coming Early for Palantir Investors</li><li>Earnings Per Share Calculator: How to Calculate EPS</li><li>4 Canadian Oil Stocks That Are Filling the Heavy Crude Gap</li><li>Utilities Stocks Explained – How and Why to Invest in Utilities</li><li>Dividend Powerhouses: 3 Blue-Chip Stocks Built for the Long Haul</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNBRw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNBRw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Conagra Brands Right Now?</h2><p>Before you consider Conagra Brands, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Conagra Brands wasn't on the list.</p><p>While Conagra Brands currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Wells Fargo & Company lowered its target price for Conagra Brands from $20.00 to $19.00, maintaining an "equal weight" rating. This suggests a potential upside of 7.27% from the stock's previous close. Other analysts have varied ratings, with a consensus target price of $20.33. Conagra Brands reported better-than-expected earnings, with a quarterly EPS of $0.39, beating the estimate of $0.33.</p>

Conagra Brands (NYSE:CAG) Price Target Lowered to $19.00 at Wells Fargo & Company