Campbell Soup Company (CPB) : 11 analysts are covering Campbell Soup Company (CPB) and their average rating on the stock is 3.03, which is read as a Hold. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Campbell Soup Company (CPB) : The most positive equity analysts on Campbell Soup Company (CPB) expects the shares to touch $68, whereas, the least positive believes that the stock will trade at $55 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $61.75 with an expected fluctuation of $4.4 from the mean.
Company shares have received an average consensus rating of Hold for the current week Campbell Soup Company (NYSE:CPB): The stock opened at $61.55 on Thursday but the bulls could not build on the opening and the stock topped out at $61.55 for the day. The stock traded down to $60.97 during the day, due to lack of any buying support eventually closed down at $61.09 with a loss of -0.36% for the day. The stock had closed at $61.31 on the previous day. The total traded volume was 1,353,977 shares.
In a related news,The officer (Senior Vice President) of Campbell Soup Co, Carolan Edward sold 5,000 shares at $61.93 on March 4, 2016. The Insider selling transaction had a total value worth of $309,650. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.