Conagra Brands (NYSE:CAG) Given Consensus Rating of "Reduce" by Brokerages

Eighteen research firms have given Conagra Brands (NYSE:CAG) a consensus rating of "Reduce," with an average 12-month price target of $14.10, which is below its current share price of $14.81. This recommendation includes six "sell," eleven "hold," and one "buy" rating. Despite slightly exceeding EPS estimates in its latest quarterly results, the company's revenue narrowly missed expectations, and it offers an annualized dividend yield of 4.7%.