Campbell Soup Company (CPB) : 12 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 3, which recommends a Hold 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 7 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Campbell Soup Company (CPB) stock is expected to deviate a maximum of $3.89 from the average target price of $60.5 for the short term period. 8 Street Experts have initiated coverage on the stock with the most promising target being $65 and the most muted being $55.
Campbell Soup Company (NYSE:CPB): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $67.04 and $67.04 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $67.89. The buying momentum continued till the end and the stock did not give up its gains. It closed at $67.55, notching a gain of 0.54% for the day. The total traded volume was 3,042,115 . The stock had closed at $67.19 on the previous day.
The company shares have rallied 41.24% from its 1 Year high price. On Jul 5, 2016, the shares registered one year high at $67.61 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $62.43 and the 200 Day Moving Average price is recorded at $60.42.
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.