D.A. Davidson analyst Brian Holland maintained a Buy rating on Campbell Soup (CPB – Research Report) today. The company’s shares closed last Friday at $42.25.
Holland covers the Consumer Defensive sector, focusing on stocks such as Campbell Soup, The Hershey Company, and Freshpet. According to TipRanks, Holland has an average return of 3.1% and a 48.05% success rate on recommended stocks.
Campbell Soup has an analyst consensus of Hold, with a price target consensus of $45.50.
See Insiders’ Hot Stocks on TipRanks >>
CPB market cap is currently $12.59B and has a P/E ratio of 16.51.
Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CPB in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Campbell Soup (CPB) Company Description:
Campbell Soup Co. operates two segments. Meals & Beverages includes the retail and foodservice businesses in the U.S. and Canada. The segment includes the following products: Campbell’s condensed and ready-to-serve soups; Swanson broth and stocks; Pacific Foods broth, soups and non-dairy beverages; Prego pasta sauces; Pace Mexican sauces; Campbell’s gravies, pasta, beans and dinner sauces; Swanson canned poultry; Plum baby food and snacks; V8 juices and beverages; and, Campbell’s tomato juice.
Snacks includes Pepperidge Farm cookies, crackers, fresh bakery and frozen products in U.S. retail, including Milano cookies and Goldfish crackers, as well as Snyder’s of Hanover pretzels, Lance sandwich crackers, Cape Cod and Kettle Brand potato chips, Late July snacks, Snack Factory Pretzel Crisps, Pop Secret popcorn, Emerald nuts, and other snacking products in the U.S. and Canada. Beginning in fiscal 2020, the segment also includes the retail business in Latin America.
The company was founded on November 23, 1922 and is headquartered in Camden, NJ. Campbell was founded in 1869.
Read More on CPB:
