From what 17 stock analysts predict, the share price for Campbell Soup Co (CPB) might increase by 8.63% in the next year. This is based on a 12-month average estimation for CPB. Price targets go from $43 to $59.12. The majority of stock analysts believe CPB is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
About 17 Wall Street analysts have assignedCPB 2 buy ratings, 10 hold ratings, and 5 sell ratings. This means that analysts expect Campbell Soup Co to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CPB. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CPB.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Brian Holland DA Davidson | Neutral | $51 | Downgrade | Sep 27, 2024 |
Taylor Conrad Argus Research | Buy | $59 | Upgrade | Sep 20, 2024 |
Nik Modi RBC Capital | Sector Perform | $51 | Maintains | Sep 13, 2024 |
Andrew Lazar Barclays | Underweight | $49 | Maintains | Sep 12, 2024 |
Robert Moskow TD Cowen | Hold | $51 | Maintains | Sep 12, 2024 |
Chris Carey Wells Fargo | Equal-Weight | $51 | Maintains | Sep 11, 2024 |
Ken Goldman JP Morgan | Overweight | $57 | Maintains | Sep 11, 2024 |
Nik Modi RBC Capital | Sector Perform | $47 | Reiterates | Aug 30, 2024 |
Chris Carey Wells Fargo | Equal-Weight | $49 | Maintains | Aug 30, 2024 |
Nik Modi RBC Capital | Sector Perform | $47 | Reiterates | Aug 27, 2024 |
Matthew Smith Stifel | Hold | $45 | Maintains | Aug 27, 2024 |
Robert Moskow TD Cowen | Hold | $47 | Maintains | Aug 21, 2024 |
Ken Goldman JP Morgan | Overweight | $52 | Upgrade | Jun 26, 2024 |
Brian Holland DA Davidson | Buy | $49 | Maintains | Jun 10, 2024 |
Nik Modi RBC Capital | Sector Perform | $47 | Reiterates | Jun 7, 2024 |
John Baumgartner Wells Fargo | Equal-Weight | $47 | Maintains | Jun 7, 2024 |
Thomas Palmer Citigroup | Sell | $42 | Maintains | May 23, 2024 |
Alexia Howard Bernstein | Market Perform | $46 | Upgrade | May 15, 2024 |
Michael Lavery Piper Sandler | Neutral | $47 | Maintains | Mar 26, 2024 |
Nik Modi RBC Capital | Sector Perform | $47 | Reiterates | Mar 14, 2024 |
When did it IPO
1985
Staff Count
14,400
Country
United States
Sector/Industry
Consumer Defensive/Packaged Foods
CEO
Mr. Mark A. Clouse
Market Cap
$14.01B
In 2023, CPB generated $9.36B in revenue, which was a increase of 9.29% from the previous year. This can be seen as a signal that CPB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Pacific Foods has launched the #TGISunday content series to address "Sunday Scaries," aiming to enhance brand engagement and awareness for its organic soup and broth products.
Why It Matters - Pacific Foods' #TGISunday series could enhance brand visibility and customer engagement, potentially boosting sales and market share in the organic food sector.
Summary - Campbell Soup Company (NASDAQ:CPB) announced a quarterly dividend of $0.37 per share, payable on October 28, 2024, to shareholders on record as of October 3, 2024.
Why It Matters - Campbell Soup's dividend declaration signals financial stability and consistent cash flow, making it an attractive investment for income-focused investors.
Summary - Morningstar highlights Microsoft (MSFT), Bristol Myers Squibb (BMY), and Campbell Soup (CPB) as undervalued stocks with defensive qualities attractive in today's market.
Why It Matters - Undervalued stocks like Microsoft, Bristol Myers Squibb, and Campbell Soup offer defensive qualities, suggesting potential stability and upside in uncertain market conditions.
Summary - Campbell Soup is rebranding to "The Campbell's Company," reflecting its focus on diversifying into packaged foods like sauces and snacks, according to CEO Mark Clouse.
Why It Matters - Campbell Soup's rebranding indicates a strategic focus on diversifying its product range, which could impact growth potential and market perception, influencing investor sentiment and stock performance.
Summary - Campbell Soup announced plans to change its name after 155 years to reflect its evolving product portfolio.
Why It Matters - The name change signals a shift in Campbell Soup's strategy, potentially impacting brand perception and market positioning, which could affect stock performance and investor confidence.
Summary - Campbell's, a pioneer in canned soup sales over a century ago, gained fame through its association with Andy Warhol's iconic pop art.
Why It Matters - Campbell's long history and cultural significance can enhance brand loyalty and recognition, potentially impacting sales and stock performance positively.