Campbell’s (NASDAQ:CPB – Get Free Report) had its target price reduced by equities research analysts at Stifel Nicolaus from $34.00 to $30.00 in a report released on Wednesday,Benzinga reports. The firm presently has a “hold” rating on the stock. Stifel Nicolaus’ price objective would indicate a potential upside of 5.37% from the company’s previous close.
A number of other equities analysts also recently issued reports on the company. Bank of America increased their price target on Campbell’s from $29.00 to $30.00 and gave the stock an “underperform” rating in a research report on Thursday, September 4th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Campbell’s in a report on Wednesday, October 8th. DA Davidson set a $30.00 target price on shares of Campbell’s in a research note on Monday, November 17th. Stephens reduced their price target on shares of Campbell’s from $40.00 to $38.00 and set an “overweight” rating for the company in a research report on Monday. Finally, TD Cowen increased their target price on Campbell’s from $29.00 to $31.00 and gave the company a “hold” rating in a report on Thursday, September 4th. Three research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat.com, Campbell’s has an average rating of “Reduce” and an average price target of $33.41.
View Our Latest Stock Analysis on CPB
Campbell’s Price Performance
Campbell’s (NASDAQ:CPB – Get Free Report) last issued its quarterly earnings data on Tuesday, December 9th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.04. The business had revenue of $2.68 billion during the quarter. Campbell’s had a return on equity of 22.95% and a net margin of 5.87%.Campbell’s’s revenue was down 3.4% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Research analysts expect that Campbell’s will post 3.15 EPS for the current year.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the business. Ameritas Advisory Services LLC acquired a new position in shares of Campbell’s in the 2nd quarter valued at $25,000. Stance Capital LLC purchased a new stake in Campbell’s in the 3rd quarter valued at about $27,000. ORG Partners LLC lifted its position in Campbell’s by 77.3% in the second quarter. ORG Partners LLC now owns 906 shares of the company’s stock valued at $29,000 after buying an additional 395 shares during the last quarter. SBI Securities Co. Ltd. increased its position in shares of Campbell’s by 66.8% during the second quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock valued at $29,000 after acquiring an additional 385 shares during the last quarter. Finally, Parvin Asset Management LLC purchased a new stake in shares of Campbell’s in the 2nd quarter valued at approximately $35,000. 52.35% of the stock is currently owned by hedge funds and other institutional investors.
Campbell’s Company Profile
The Campbell’s Company, formerly known as Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.
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