Conagra Brands Stock - Analyst cuts target as shares hover near lows
19.06.2026 - 20:59:30 | ad-hoc-news.de
Edited by ad hoc news Sector & Peer-Group Desk. Verified prior to publication on 06/19/2026, 18:50 UTC. Details in the imprint.
Conagra Brands (US2058871029) remains under scrutiny after an early-June price-target cut from Deutsche Bank. The move keeps attention on how the food group is positioned versus rivals in a sector facing soft volumes and persistent promotional pressure.
All news and analysis on Conagra Brands stock
Key corporate updates, analyst views and sector comparisons help investors track how Conagra Brands is navigating a challenging packaged-foods backdrop.
What Deutsche Bank changed
Earlier this month, Deutsche Bank analyst Steve Powers lowered his price target on Conagra Brands shares to $12 from $14 and reiterated a Hold rating, according to a summary of the bank's update based on PR Newswire information.
The reduced target reflects a more cautious stance on growth and margin prospects as the company manages inflation and subdued demand for packaged foods.
How Conagra compares with peers
Conagra Brands shares last closed at $13.21 on the New York Stock Exchange on 06/18/2026, with a modest 0.40% gain on the day, keeping the stock close to recent 52-week lows highlighted in sector commentary.
This level leaves Conagra trading at a visible discount to several large packaged-food peers when measured on trailing earnings multiples, as investors weigh slower volume trends against relatively stable cash flows.
The product behind the stock
Conagra Brands generates most of its revenue from branded packaged foods in North America, including frozen meals under the Healthy Choice and Marie Callender's labels, snacks like Orville Redenbacher's popcorn, and pantry staples such as Hunt's tomatoes.
Where the stock trades today
The shares of Conagra Brands (US2058871029) trade on the New York Stock Exchange at $13.21 as of 06/18/2026, 15:59 Eastern Time.
Key facts on Conagra Brands stock
- Company: Conagra Brands Inc.
- ISIN: US2058871029
- WKN: 861259
- Ticker: CAG
- Venue: NYSE
- Price (as of 06/18/2026, 15:59 Eastern Time): 13.21 USD
- Market cap: 6,30,0000,000 USD (as of 06/18/2026)
- Sector / Industry: Consumer Staples / Packaged Foods & Meats
- Index membership: S&P 500
- Next earnings date: not officially scheduled
This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.
