Conagra Brands trims RBC price target, shares trade around 14 dollars
29.06.2026 - 12:23:11 | ad-hoc-news.de
By Christina Vogel, Background & Management desk. Reviewed prior to publication on 2026-06-29, 12:22.
Conagra Brands (US2058871029) sits in focus on the NYSE as RBC Capital trims its price target to 16 dollars from 17 dollars ahead of the group’s next earnings release. The analyst note cites sector rotation and upcoming FY27 guidance as key factors.
What RBC Capital signals
RBC Capital maintains a Sector Perform rating on Conagra Brands, while cutting the 12-month price target by roughly 6 percent to 16 dollars per share. The update comes just days before Conagra’s scheduled fourth quarter results and first formal FY27 guidance, underscoring a cautious stance on valuation but not on the underlying business.
The food manufacturer is covered by several Wall Street houses, with the broader consensus clustered close to the mid-teens in terms of target prices. MarketBeat data shows an average analyst target of around 14.5 dollars, suggesting limited implied upside from current trading levels.
Analyst consensus and recent trading
Conagra Brands shares trade on the NYSE under the ticker CAG and most recently closed at about 14.08 dollars on June 26, 2026. The latest session saw a high of 14.08 dollars, a low of 13.78 dollars and volume of roughly 18.6 million shares, marking a positive day for the stock in a volatile consumer staples segment.
Technical readings place the shares between a resistance level near 14.60 dollars and support around 13.05 dollars, indicating a range-bound pattern rather than a clear trend. TradingKey data cites a price momentum score of 9.25 and several short-term buy signals based on moving averages, even as fundamental analysts remain more neutral.
More news and data on the Conagra Brands shares
Follow further company reports, broker research and live price data on Conagra Brands via the topic overview and the group’s Investor Relations page.
The packaged foods portfolio
Conagra Brands generates its revenue with a broad portfolio of packaged and frozen foods in North America, spanning shelf-stable grocery items, snacks and ready-meals. Flagship brands include Healthy Choice frozen entrées, Birds Eye vegetables and Marie Callender’s pies and meals, all sold through major retail chains.
Where the shares trade today
The Conagra Brands shares (US2058871029) last traded on the NYSE at 14.08 dollars as of 2026-06-26, 16:00 Eastern Time, according to recent exchange data.
Key data on the Conagra Brands shares
- Company: Conagra Brands, Inc.
- ISIN: US2058871029
- WKN: 861266
- Ticker: CAG
- Trading venue: NYSE
- Price (as of 2026-06-26, 16:00): 14.08 USD
- Market cap: 6.74 billion USD (as of 2026-06-26)
- Sector / industry: Consumer Staples / Packaged Foods & Meats
- Index membership: S&P 500
- Next earnings date: 2026-07-11
This article is for informational purposes only and does not constitute investment advice, a buy or sell recommendation, or a solicitation to trade any financial instrument. All data and statements are based on sources believed to be reliable at the time of publication but may change without notice.
