Conagra Brands Stock Price Target Cut by Analysts

Jefferies Financial Group reduces price target on consumer goods company

Apr. 1, 2026 at 3:26pm

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Conagra Brands (NYSE:CAG) had its price target lowered by research analysts at Jefferies Financial Group from $16.00 to $15.00. The firm maintained a 'hold' rating on the stock, citing a potential downside of 2.99% from the company's current share price.

Why it matters

This price target reduction reflects broader concerns about Conagra Brands' performance and outlook, as the company faces headwinds in the consumer packaged goods industry. Analysts are closely watching Conagra's ability to navigate inflationary pressures and shifting consumer preferences.

The details

In a research report issued on Monday, Jefferies Financial Group analysts cut their price target on Conagra Brands shares. The new $15.00 target price represents a potential downside of nearly 3% from the stock's current trading level. Jefferies maintained its 'hold' rating on the consumer goods company.

  • Jefferies Financial Group issued the updated research report on April 1, 2026.

The players

Jefferies Financial Group

A global investment banking firm that provides research coverage on Conagra Brands.

Conagra Brands

A major American consumer packaged goods company that owns popular food brands like Birds Eye, Healthy Choice, and Slim Jim.

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The takeaway

This price target reduction signals that Conagra Brands faces ongoing challenges in the consumer goods market, as the company navigates inflationary pressures, evolving consumer preferences, and competitive dynamics. Investors will be closely watching Conagra's ability to adapt and drive growth in the quarters ahead.