Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the stock. Aviva PLC's holdings in Campbell Soup Company were worth $8,307,000 as of its most recent filing with the SEC.
There are 2 sell ratings, 9 hold ratings on the stock. Zacks Investment Research upgraded shares of Campbell Soup Company from a "hold" rating to a "buy" rating and set a $65.00 target price for the company in a report on Wednesday, November 30th. Royal Bank Of Canada raised their price target on shares of Campbell Soup Company from $60.00 to $63.00 and gave the company a "sector perform" rating in a research note on Wednesday. Now the stock is holding a "Buy" rating from 5 equity analysts. The stock was down 3.1% to $60.61 in pre-market trading today.
Nonetheless, and in the immediate aftermath of reporting, investor reaction in Campbell Soup Company (CPB) stock has proven to be much more bearish. The stock stands 2.40% above the average-price of 50 days and -0.68% compared with the SMA 20. The stock has a market capitalization of $19.48 billion, a PE ratio of 29.82 and a beta of 0.46.
Campbell Soup Company (NYSE:CPB) early Friday posted mixed fiscal second quarter results and maintained its full-year outlook, as it deals with a tough combination of lower sales volume and higher promotional spending.
In terms of earnings per share, 10 analysts have a 1.05 EPS mean target for the quarter ending Oct-17, for the quarter ending Jan-17, 13 analysts have a 0.88 EPS mean target and for the quarter ending Jan-17 there are 16 estimates of 3.08 EPS.
Campbell Soup Company (NYSE:CPB) is now showing its ROA (Return on Assets) of 8.3%. The company reported $1.00 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.95 by $0.05. During the same period in the previous year, the firm earned $0.95 EPS. Also, earnings improved on a year-over-year basis.
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In other news, SVP Carlos Barroso sold 1,000 shares of the business's stock in a transaction dated Wednesday, December 21st. The stock was sold at an average price of $60.92, for a total value of $556,199.60. Van ECK Associates Corp now owns 2,918 shares of the company's stock valued at $176,000 after buying an additional 543 shares during the period.
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The company said revenue fell 1 percent in the Americas simple meals and beverages unit, Campbell's largest segment, which includes its namesake soup brand and Prego pasta sauces. The stock now shows its YTD (Year to Date) performance of 4.04 percent while its Weekly performance value is -2.02%. Based in USA, Campbell Soup Company has a market cap of 19379.24. Thus the company showed an Earnings Surprise of 5.3 Percent. The stock traded at a volume of 1.89 million shares.