Campbell Soup Company (CPB) has been under a strong bear grip, hence the stock is down -7.38% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.25% in the past 1 week. The stock has risen by 0.78% in the past week indicating that the buyers are active at lower levels, but the stock is down -9.26% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 5.48% and the 50-Day Moving Average is 9.77%.The 200 Day SMA reached 7.41% Campbell Soup Company has dropped 10.9% during the last 3-month period . Year-to-Date the stock performance stands at 7.03%.
Campbell Soup Company (CPB) : The highest short term price target forecast on Campbell Soup Company (CPB) is $65 and the lowest target price is $51. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $58 with a standard deviation of $3.85.
Company shares have received an average consensus rating of Hold for the current week Campbell Soup Company (NYSE:CPB): stock was range-bound between the intraday low of $55.06 and the intraday high of $55.6 after having opened at $55.58 on Fridays session. The stock finally closed in the red at $55.58, a loss of -0.72%. The stock remained in the red for the whole trading day. The total traded volume was 3,821,813 shares. The stock failed to cross $55.6 in Fridays trading. The stocks closing price on Thursday was $55.78.
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.