02 September, 2017
Deutsche Bank maintained the stock with "Hold" rating in Friday, August 26 report. Royal Bank Of Canada's target price points to a potential upside of 21.21% from the company's current price.
Other investment firms and many large funds also purchased and unloaded stocks of the company. The ex-dividend date was Tuesday the 11th of July 2017. JP Morgan upgraded Campbell Soup Company (NYSE:CPB) on Tuesday, January 19 to "Overweight" rating. Research firm Zacks lifted stocks of Campbell Soup from a "sell" recommendation to a "hold" recommendation in a study on Tue. Credit Suisse Group fixed a $47.00 target price on stock of Campbell Soup and issued the shares a "sell" recommendation in a analysis report on Sunday, Jul 23rd.
On May 25, 2017 PiperJaffray issued its first research report on the stock giving it an initial rating of "Neutral". Six equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has given a buy rating to the stock. Campbell Soup now has an average rating of "Hold" and a consensus price target of $55.67. Gam Ag has invested 0.06% in Campbell Soup Company (NYSE:CPB). KCG Holdings Inc. now owns 16,291 shares of the company's stock valued at $932,000 after buying an additional 10,208 shares in the last quarter. The stock has a 50 day moving average of $52.48 and a 200-day moving average of $55.91. The Company is a manufacturer and marketer of food products.
Ls Investment Advisors Llc decreased Campbell Soup (CPB) stake by 66.5% reported in 2016Q4 SEC filing.
Campbell Soup (NYSE:CPB) last issued its earnings results on Thursday, August 31st. The company's sales for the period was down 1.4% compared with the same period in the prior year. for the same period in the previous fiscal year, the public company disclosed $0.46 EPS. on consensus, financial stock experts estimate that Campbell Soup business will report $3.05 EPS for the present financial year.
11 number of analysts have estimated the sales of the company for the quarter, analysts estimated mean sale target of 1689.43 million while high and low sale targets are estimated at 1712 million and 1673.86 million respectively. Campbell Soup had a net margin of 6.17% and a return on equity of 59.83%. KCG Holdings Inc. raised its position in Campbell Soup by 167.8% in the first quarter. In the latest earnings report the EPS was $1.58 and is projected to be $3.12 for the current year with 303,065,000 shares presently outstanding. If you are reading this piece on another publication, it was copied illegally and reposted in violation of US & worldwide copyright & trademark law. The original version of this article can be read at https://weekherald.com/2017/09/01/campbell-soup-company-cpb-pt-lowered-to-51-00.html.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in CPB.
Axiom International Investors Llc increased Vocera Communicatins Inc (NYSE:VCRA) stake by 228,103 shares to 319,593 valued at $5.91 million in 2016Q4. The dividend payment was $0.350 per share for the quarter or $1.40 on an annualized basis. Vanguard Group Inc. now owns 13,103,256 shares of the company's stock valued at $683,334,000 after buying an additional 160,180 shares during the last quarter. State Street Corp now owns 8,750,268 shares of the company's stock valued at $456,326,000 after buying an additional 82,280 shares during the last quarter. Victory Capital Management has an ownership of 3,733 stocks of the firms shares valued $195,000 after scooping up an extra 213 shares through out the quarter.
Campbell Soup's EPS benefited from incremental supply chain productivity savings. The Company's divisions include Americas Simple Meals and Beverages; Global Biscuits and Snacks, and Campbell Fresh. The Company makes a range of products from soups and simple meals to snacks and healthy beverages.
