Stifel Just Issued "Hold" Rating on Campbell Soup Company (CPB)

Ed Carolan Campbell Soup

A number of other brokerages also recently issued reports on CPB.

Three Month Ago Analyst Ratings: CAMPBELL SOUP COMPANY (CPB) has received mean Analyst rating of 3.31 from polled analysts at Reuters 3 Month Ago.

Campbell Soup Company (NYSE:CPB) closed down -4.07 points or -6.51% at $58.48 with 6.12 mln shares exchanging hands. Zacks Investment Research lowered Campbell Soup Company from a "buy" rating to a "hold" rating in a research note on Thursday, December 1st.

Over the past five trading sessions shares of Campbell Soup Company (NYSE:CPB) are -7.57%; -6.04% for the month; 8.02% for the last quarter; -2.66% for the past six-months; and -1.92% for the last 12 months.The current price is staying below the SMA lines which signify weakens and is generally unhealthy/negative and may provide the momentum for driving the share price lower. It has been suggested as "Buy Opinions" from 0 and 1 issued "Sell Thoughts" for the stock. Currently, the stock has a 1 Year Price Target of $60.85.

Relative strength index (RSI-14) for Campbell Soup Company's (CPB ) is at 28.25. The company rocked its 52-Week High of $67.89 on Jul 6, 2016 and touched its 52-Week Low of $52.59 on Nov 4, 2016. Current price places the company's stock -1.35% away from its 200-day simple moving average, 6.67%, away from the 50-day average and also 3.75% away from 20-day average. The company has a market cap of $17,956 million and there are 307,051,880 shares in outstanding.

Campbell Soup Company (NYSE:CPB) last announced its quarterly earnings data on Friday, February 17th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.88 by $0.03.

13 analysts projected Price Targets for Campbell Soup Company. The company earned $2.17 billion during the quarter, compared to analyst estimates of $2.22 billion. The company had Year Ago Sales of $0. The business's revenue was down 1.4% on a year-over-year basis.

This piece was reported by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this news story on another publication, it was copied illegally and republished in violation of United States & worldwide copyright and trademark law. Finally, Credit Suisse Group set a $55.00 price objective on Campbell Soup Company and gave the company an underperform rating in a research report on Wednesday, November 23rd.

In other Campbell Soup Company news, insider Carlos Barroso sold 9,130 shares of the firm's stock in a transaction on Wednesday, January 4th. The shares were sold at an average price of $60.31, for a total transaction of $60,310.00. Similar statistics are true for the second largest owner, State Street Corp, which owns 8,601,376 shares of the stock are valued at $503.01 million.

Institutional investors now hold around $7.5 billion or 43.4% in CPB stock. An ROI of 13.00% for Campbell Soup Company evaluates and compares the efficiency of the various numbers of investments relative to the cost of investments. City Holding Co. now owns 2,590 shares of the company's stock worth $142,000 after buying an additional 1,200 shares in the last quarter. Chicago Equity Partners LLC raised its position in Campbell Soup Company by 0.4% in the third quarter. Tower Research Capital LLC TRC now owns 2,803 shares of the company's stock worth $153,000 after buying an additional 2,648 shares in the last quarter.

09/04/2015 - Campbell Soup Company had its "sell" rating reiterated by analysts at S&P Capital IQ. The corporation showed significant change in the EPS section with its current EPS of 2.12. Finally, Winch Advisory Services LLC acquired a new stake in Campbell Soup Company during the third quarter worth $164,000. Herndon Capital Management LLC now owns 878,282 shares of the company's stock worth $58,432,000 after buying an additional 82,303 shares during the last quarter.

Campbell's fresh foods business has been struggling in part due to a premature harvest that led to smaller carrots last spring, which resulted in loss of business, the company said in September.

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