Economy

Analysts Showing Optimistic Trends For Campbell Soup Company (CPB)

The original version of this article can be viewed at https://stocknewstimes.com/2017/09/12/cipher-capital-lp-invests-2-27-million-in-campbell-soup-company-cpb-stock.html. Trust Department Mb Fin National Bank N A holds 0.01% of its portfolio in Campbell Soup Company (NYSE:CPB) for 1,300 shares. It is negative, as 59 investors sold CPB shares while 176 reduced holdings.

09/01/2017 - Campbell Soup Company had its "sell" rating reiterated by analysts at UBS. Delta Lloyd Asset Management N.V. acquired a new position in Campbell Soup during the second quarter worth approximately $1,901,000. During last 3 month period, 3.30% of total institutional ownership has changed in the company shares.

Campbell Soup Company now has a P/E ratio of 30.25 and market cap is 14.52B.

Sell-side analyst recommendations point to a short term price target of $28.25 on the shares of CytomX Therapeutics, Inc. Liberty Mutual Gp Asset stated it has 0.03% in Campbell Soup Company (NYSE:CPB). KCG Holdings Inc. now owns 16,291 shares of the company's stock valued at $932,000 after purchasing an additional 10,208 shares in the last quarter. Balter Liquid Alternatives LLC bought a new position in shares of Campbell Soup during the second quarter worth approximately $487,000. The Patriot Wealth Management Inc holds 122,801 shares with $7.43 million value, up from 75,895 last quarter.

The share price of Campbell Soup Company (NYSE:CPB) was down -0.40% during the last trading session, with a day high of 48.39. The company's stock had a trading volume of 1,197,133 shares. The firm's 50 day moving average is $51.82 and its 200-day moving average is $55.29. Campbell Soup Company has a 52-week low of 45.29 and a 52-week high of 64.23. The stock has a market capitalization of $14.49 billion, a PE ratio of 30.18 and a beta of 0.36. Campbell Soup has a consensus rating of "Hold" and a consensus target price of $53.67. The company reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.05. The Illinois-based Guggenheim Ltd Llc has invested 0.13% in Campbell Soup Company (NYSE:CPB). The dividend was $0.350 per share for the quarter or $1.40 annualized. During the same period previous year, the company posted $0.46 EPS. Analysts expect that Campbell Soup Company will post $3.08 EPS for the current year. The company recently announced a dividend for shareholders which was paid on Monday the 31st of July 2017. Stockholders of record on Wednesday, January 11th will be given a dividend of $0.35 per share. The ex-dividend date was Tuesday the 11th of July 2017. (NYSE:CAG) now have an ABR of 2.35.which is marked on a basic 1 to 5 scale, where 1 stands for a Strong Buy and 5 represents Strong Sell.

09/19/2016 - Campbell Soup Company was downgraded to "hold" by analysts at Argus.

Equities researchers at Gabelli reduced their FY2018 EPS estimates for shares of Campbell Soup in a research report issued on Friday. Piper Jaffray Companies initiated coverage on Campbell Soup in a study report on early Wed, May 24th. Finally, J P Morgan Chase & Co restated a "neutral" rating and issued a $55.00 target price (down previously from $60.00) on shares of Campbell Soup in a report on Wednesday, June 28th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the company's stock. They now have a United States dollars 50 price target on the stock. Pinnacle Associates Ltd. now owns 10,652 shares of the company's stock valued at $610,000 after purchasing an additional 3,100 shares in the last quarter. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The Company's principal business is to hold investments in mineral exploration companies involved in identifying, acquiring and developing mineral projects, either on its own or with joint venture partners.

Campbell Soup Company is a food company, which manufactures and markets food products. The Company's divisions include Americas Simple Meals and Beverages; Global Biscuits and Snacks, and Campbell Fresh. The Americas Simple Meals and Beverages segment includes the retail and food service channel businesses. The firm has "Hold" rating given on Friday, August 26 by Deutsche Bank.



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