Morgan Stanley slashes price target on Conagra Brands Inc [CAG] – find out why.

Conagra Brands Inc [NYSE: CAG] loss -0.26% or -0.07 points to close at $26.60 with a heavy trading volume of 4983446 shares.

The daily chart for CAG points out that the company has recorded -18.08% loss over the past six months.

If we look at the average trading volume of 6.00M shares, CAG reached to a volume of 4983446 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Conagra Brands Inc [CAG]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CAG shares is $27.06 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CAG stock is a recommendation set at 2.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Morgan Stanley have made an estimate for Conagra Brands Inc shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on March 24, 2025. While these analysts kept the previous recommendation, Goldman dropped their target price from $33 to $26. The new note on the price target was released on February 24, 2025, representing the official price target for Conagra Brands Inc stock. Previously, the target price had yet another raise to $36, while Goldman analysts kept a Buy rating on CAG stock.

The Average True Range (ATR) for Conagra Brands Inc is set at 0.66, with the Price to Sales ratio for CAG stock in the period of the last 12 months amounting to 1.06. The Price to Book ratio for the last quarter was 1.44, with the Price to Cash per share for the same quarter was set at 0.08. Price to Free Cash Flow for CAG in the course of the last twelve months was 8.32 with Quick ratio for the last quarter at 0.22.

Trading performance analysis for CAG stock

Conagra Brands Inc [CAG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.93. With this latest performance, CAG shares gained by 2.11% in over the last four-week period, additionally sinking by -18.08% over the last 6 months – not to mention a drop of -10.26% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CAG stock in for the last two-week period is set at 57.09, with the RSI for the last a single of trading hit 60.79, and the three-weeks RSI is set at 54.69 for Conagra Brands Inc [CAG]. The present Moving Average for the last 50 days of trading for this stock 25.68, while it was recorded at 26.44 for the last single week of trading, and 28.35 for the last 200 days.

Conagra Brands Inc [CAG]: A deeper dive into fundamental analysis

Conagra Brands Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.22 and a Current Ratio set at 0.70.

Conagra Brands Inc [CAG]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CAG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Conagra Brands Inc go to -1.06%.

An analysis of Institutional ownership at Conagra Brands Inc [CAG]

There are presently around $89.60%, or 90.10%% of CAG stock, in the hands of institutional investors. The top three institutional holders of CAG stocks are: VANGUARD GROUP INC with ownership of 57.35 million shares, which is approximately 11.9779%. BLACKROCK INC., holding 47.23 million shares of the stock with an approximate value of $$1.34 billion in CAG stocks shares; and BLACKROCK INC., currently with $$647.76 million in CAG stock with ownership which is approximately 4.7623%.