Analyst Price Target Update on Campbell Soup Company (NYSE:CPB)

Campbell Soup Company (NYSE:CPB): The stock price is expected to reach $ 60.13 in the short term. The number of analysts agreeing with this consensus is 8. The higher estimate for the short term price target is at $65 while the lower estimate is at $55. The standard deviation of the price stands at $3.76.

Company shares have received an average consensus rating of Hold for the current week

On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Senior Vice President) of Campbell Soup Co, Carolan Edward had sold 5,000 shares worth of $309,650 in a transaction dated March 4, 2016. In this transaction, 5,000 shares were sold at $61.93 per share.

Campbell Soup Company (NYSE:CPB) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.58 points or 0.93% at $62.12 with 1,655,889 shares getting traded. Post opening the session at $62.66, the shares hit an intraday low of $61.85 and an intraday high of $63.0392 and the price was in this range throughout the day. The company has a market cap of $19,173 million and the number of outstanding shares have been calculated to be 308,647,030 shares. The 52-week high of Campbell Soup Company (NYSE:CPB) is $66.7486 and the 52-week low is $45.23.

Campbell Soup Company manufactures and markets food products. The Companys segments include U.S. Simple Meals; Global Baking and Snacking; International Simple Meals and Beverages; U.S. Beverages, and Bolthouse and Foodservice. Its U.S. Simple Meals segment includes various products, such as Campbells condensed and ready-to-serve soups; Prego pasta sauces, and Pace Mexican sauces. Its Global Baking and Snacking segment includes Pepperidge Farm cookies, crackers, bakery and frozen products in the United States retail. Its International Simple Meals and Beverages segment includes retail business in Canada. Its U.S. Beverages segment includes various products, such as V8 juices and beverages, and Campbells tomato juice. Its Bolthouse and Foodservice segment comprises the Bolthouse Farms carrot products operating segment, including fresh carrots, juice concentrate and fiber. Its brands include Arnotts, Bolthouse Farms, Campbells, Garden Fresh Gourmet, Goldfish, Kjeldsens and Pace.

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