Reported 2 days ago
UBS has assigned a 'Hold' rating to Conagra Brands, Inc. (CAG) due to anticipated sluggish growth and a projected decline in earnings per share for fiscal year 2026. Despite these concerns, the company's current low valuation may reflect some of these risks, and its strong financial health, marked by a 6.49% dividend yield and a 14% free cash flow yield, provides a balanced risk-to-reward scenario. Recent efforts, such as the introduction of 50 new frozen food products and the sale of underperforming brands, underscore Conagra's adaptability to changing consumer preferences.
Source: YAHOO