Campbell Soup Company (NYSE:CPB) Shares Dip Under Moving Averages

CPB+Dividend+History+Chart
Cantillon Capital Management Boosted Its Nxp Semiconductors NV (NXPI) Position; Campbell Soup Company (CPB
Author

19 July, 2017

The stock rose 0.08% or $0.08 reaching $109.49 per share.

The company's share price is down -29.35% from previous highs of around $66.99 per share on July 18, 2016. Adecoagro SA (NYSE:AGRO) has risen 9.46% since July 18, 2016 and is uptrending.

Several equities research analysts have commented on CPB shares. Cleararc Capital Inc. now owns 4,745 shares of the company's stock worth $272,000 after buying an additional 16 shares in the last quarter. Van ECK Associates Corp now owns 3,122 shares of the company's stock valued at $179,000 after buying an additional 204 shares during the period. Campbell Soup Co now has $15.78B valuation.

Finally, from a technical perspective, there's a strong possibility that the stock could enter into a new bull market after finding strong support between $51.56 and $51.67.

Campbell Soup Company (NYSE:CPB) reiterated its long-term targets for organic sales and earnings. It has underperformed by 29.52% the S&P500.

Among 13 analysts covering Campbell Soup (NYSE:CPB), 1 have Buy rating, 6 Sell and 6 Hold. Therefore 47% are positive. They now have a United States dollars 65 price target on the stock. The stock closing price is now trading downward to its 50 day moving average with change of -3.86%, escalated to its 20 day moving average with figure of 0.61% and behind its 200 day moving average with value -21.02%. Amgen Inc. had 46 analyst reports since August 3, 2015 according to SRatingsIntel. On Wednesday, February 24 the stock rating was initiated by UBS with "Sell". Jefferies maintained the stock with "Hold" rating in Monday, June 12 report.

05/24/2017 - Piper Jaffray began new coverage on Campbell Soup Company giving the company a " rating. The firm earned "Neutral" rating on Friday, September 2 by Citigroup. Stifel Nicolaus maintained the shares of CPB in report on Friday, July 7 with "Hold" rating. As per Tuesday, December 1, the company rating was upgraded by Argus Research.

Shares of Campbell Soup Company (CPB) opened at 51.73 on Friday.

More notable recent Campbell Soup Company (NYSE:CPB) news were published by: Seekingalpha.com which released: "Campbell Soup - Suffering From Transition Struggles" on June 30, 2017, also Nj.com with their article: "For NJ company, Trump's stances on taxes and trade are M'm! M'm!" During the same quarter a year ago, the firm posted $0.65 EPS. The company reported $0.59 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.64 by $0.05. Putnam Invests Limited Liability Corporation reported 0% stake. Its down 0.11, from 0.95 in 2016Q3. It dived, as 59 investors sold CPB shares while 176 reduced holdings. Sanford C. Bernstein cut shares of Campbell Soup Company from a "market perform" rating to an "underperform" rating and set a $54.00 price objective on the stock.in a research note on Tuesday, March 21st. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $55.40 on company shares. The Emerald Mutual Fund Advisers Trust holds 88,839 shares with $1.52 million value, up from 49,746 last quarter. Campbell Soup Company's dividend payout ratio is now 88.05%. Piedmont Inv Advisors accumulated 0% or 556 shares. First Tru Advsr Lp reported 248,486 shares. Advantus Mngmt owns 19,207 shares or 0.03% of their USA portfolio. Ahl Prtn Llp has invested 0.04% in Campbell Soup Company (NYSE:CPB). Mercer Cap Advisers holds 0.14% or 2,966 shares. Ftb Inc has 1,000 shares.

Kbc Group Nv increased Apogee Enterprises Inc (NASDAQ:APOG) stake by 27,391 shares to 52,764 valued at $2.83 million in 2016Q4. City Holdg owns 0.73% invested in Amgen, Inc. Ishares Msci Eafe Small (SCZ) was raised too.

Investors sentiment decreased to 1.09 in 2016 Q4. Its up 0.15, from 1.08 in 2016Q3. (NYSE:RLI). Bruce & Inc reported 44,120 shares. Janney Montgomery Scott Ltd Company, Pennsylvania-based fund reported 3,485 shares. Aperio Lc stated it has 139,535 shares. Farmers Merchants Invs Incorporated reported 40 shares or 0% of all its holdings. Sg Americas Secs Ltd reported 12,565 shares. Ejf Cap Limited Liability Company invested in 0.49% or 384,719 shares. (NYSE:RLI) for 19,694 shares. The Firm underwrites selected property and casualty insurance through subsidiaries, as well as offers insurance coverages in both the specialty admitted, and excess and surplus markets. It has a 32.72 P/E ratio. It operates through Casualty, Property and Surety divisions. Five analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has assigned a buy rating to the company. Therefore 38% are positive. Also, the equity price plunged -7.86% % in three months, taking the six-month decrease to -15.98% as of recent close. The stock has "Overweight" rating by JP Morgan on Tuesday, January 19. The stock of RLI Corp. The firm earned "Overweight" rating on Monday, September 28 by JP Morgan. On Thursday, September 3 the stock rating was maintained by FBR Capital with "Mkt Perform". Compass Point maintained the stock with "Neutral" rating in Wednesday, October 21 report.


More news


  • United Continental Holdings Inc (UAL) Q2 Earnings Beat, But PRASM Outlook Weak

    United Continental Holdings Inc (UAL) Q2 Earnings Beat, But PRASM Outlook Weak

    The stock of United Continental Holdings Inc (NYSE: UAL ) has "Buy" rating given on Tuesday, December 6 by Bank of America. Whereas, in last 21 trading days (one month) was moved up 2.76% and surged in last 63 trading days (quarter) of 16.46%.
    Stock Noted in Oversold Range: Chipotle Mexican Grill, Inc. (NYSE:CMG)

    Stock Noted in Oversold Range: Chipotle Mexican Grill, Inc. (NYSE:CMG)

    The restaurant operator reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.32. Liberty Mutual Group Asset Mgmt reported 2,180 shares. (NYSE:CMG) has risen 7.62% since July 19, 2016 and is uptrending.
    Oracle to Add 1000 Employees in European Cloud Push

    Oracle to Add 1000 Employees in European Cloud Push

    For years cloud computing advocates insisted everyone would eventually be running their workloads inside public clouds . Oracle has further bulked up the Cloud at Customer line at lower levels of the stack.
  • World's first double hand transplant on child declared a success

    World's first double hand transplant on child declared a success

    What is a double hand transplant? He said there's one moment immediately after Zion's surgery that he will always remember. The child also suffered minor infections and impairment to his transplanted kidney, the anonymised report notes.
    Europe watchdog voices fears over Polish court reforms

    Europe watchdog voices fears over Polish court reforms

    Timmermans said triggering Article 7 - sometimes described as the EU's "nuclear option" - was "part of the discussion" on Poland . It was the latest in a string of conflicts over the policies of the conservative party, which won power in a 2015 election.
    GSK mulls sale of Horlicks in the UK

    GSK mulls sale of Horlicks in the UK

    However, investment will be made into United Kingdom manufacturing that serves other areas of the group, specifically medicines. GlaxoSmithKline (LON:GSK) is weighing the sale of its Horlicks business in the United Kingdom , the BBC has reported.
  • Insider Trading at Varian Medical Systems Inc.?

    MYL's profit will be $643.31M for 8.17 P/E if the $1.20 EPS becomes a reality. $147,761 worth of Varian Medical Systems, Inc . Varian Medical Systems, Inc . has a one year low of $75.20 and a one year high of $107.08. (NYSE: VAR ) for 7,560 shares.

    Analysts See $0.59 EPS for Synovus Financial Corp. (SNV)

    Following the sale, the executive vice president now directly owns 58,781 shares of the company's stock, valued at $2,466,450.76. This change led market cap to move at $5.52B, putting the price -1.10% below the 52-week high and 52.81% above the 52-week low.
    Khushbu's tweets directed at a popular actress?

    Khushbu's tweets directed at a popular actress?

    Sangamithra's budget is expected to surpass that of 2.0 and the Baahubali films. She went on to add, "Work has started already". We're just as confused as you are.
  • Omeros Corporation (OMER) Shares Bought by Bank of New York Mellon Corp

    The fund owned 225,583 shares of the biopharmaceutical company's stock after buying an additional 6,043 shares during the period. Following the completion of the sale, the vice president now directly owns 2,650 shares in the company, valued at $56,180.
    Indian players to watch out for against Australia

    Indian players to watch out for against Australia

    India's Women team skipper Mithali Raj is confident ahead of the semi-final clash of ICC Women World Cup 2017 against Australia . Their ideal run was hampered by their defeat to South Africa which was followed by the eight-wicket loss against Australia .
    L'avenir de la CAN au menu du symposium de Rabat — CAF

    L'avenir de la CAN au menu du symposium de Rabat — CAF

    Devant d'anciennes stars continentales comme Jay-Jay Okocha ou Rabah Madjer , le comité pourrait valider des changements. Il ferait trop chaud en Afrique du nord, trop humide en Afrique centrale et trop froid dans le sud de l'Afrique.