Impact of Brokerage Rating on Campbell Soup Company(CPB)

Many Campbell Soup Company(CPB) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Stifel on Jan 23, 2017 to Hold, Raises Price Target to $ 62 from a previous price target of $56 .Company shares were Reiterated by RBC Capital Mkts on Nov 28, 2016 to Sector Perform, Raises Price Target to $ 60 from a previous price target of $58 .

Company has reported several Insider transactions to the SEC, on Jan 5, 2017, Carlos Barroso (Senior Vice President) sold 9,130 shares at 60.92 per share price.On Nov 28, 2016, Tracey Thomas Travis (director) sold 2,771 shares at 57.04 per share price.On Oct 4, 2016, Edward Carolan (Senior Vice President) sold 2,400 shares at 54.35 per share price.

Campbell Soup Company Last issued its quarterly earnings results on Nov 22, 2016. The company reported $1.00 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.95. The company had revenue of $2202.00 million for the quarter, compared to analysts expectations of $2197.60 million. During the same quarter in the previous year, the company posted $0.95 EPS.

Campbell Soup Company (NYSE:CPB) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 3.11 by 12 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 9 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell.

Campbell Soup Company (NYSE:CPB): The mean short term price target for Campbell Soup Company (NYSE:CPB) has been established at $59.67 per share. The higher price target estimate is at $65 and the lower price target estimate is expected at $51 according to 9 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $4.15

Campbell Soup Company (NYSE:CPB) witnessed a decline in the market cap on Tuesday as its shares dropped 0.63% or 0.4 points. After the session commenced at $63.25, the stock reached the higher end at $63.44 while it hit a low of $62.9184. With the volume soaring to 1,364,419 shares, the last trade was called at $63.03. The company has a 52-week high of $67.89. The company has a market cap of $19,353 million and there are 307,051,880 shares in outstanding. The 52-week low of the share price is $52.585.

Campbell Soup Company, together with its consolidated subsidiaries, is a global manufacturer and marketer of high quality, branded convenience food products. The company operates in three business segments: Soup and Sauces, Biscuits and Confectionery, and Away From Home.

Campbell

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