Stifel maintains the wait rating for Campbell’s soup: here’s what you need to know

0

Stifel has decided to maintain its Hold rating of Campbell Soup pcb and increase its price target from $46.00 to $48.00.

Shares of Campbell Soup are trading up 0.83% in the past 24 hours, at $47.70 per share.

A move to $48.00 would represent a 0.62% increase from the current stock price.

About Campbell’s Soup

With a history that dates back approximately 150 years, Campbell Soup is today a leading manufacturer and marketer of branded food products, including soup. The company’s product assortment includes such well-known brands as Campbell’s, Pace, Prego, Swanson, V8 and Pepperidge Farm. Following the sale of its international snacking operations, which ended in 2019, the company derives almost all of its sales from its national territory. Campbell has made a handful of acquisitions to reshape its product line in recent years, including the tie-up with Snyder’s-Lance (completed March 2018), which enhances its exposure to the faster-growing trending snack aisle. , completing its Pepperidge Farm range.

About analyst ratings

Analysts work in banking and financial systems and typically specialize in reporting on stocks or defined sectors. Analysts can attend company conference calls and meetings, research company financials, and communicate with insiders to issue “analyst notes” for stocks. Analysts typically rate each stock once a quarter.

Some analysts will also offer forecasts for metrics such as growth estimates, earnings, and revenue to provide additional stock insights. Investors using analyst ratings should note that such expert advice is human-sourced and may be subject to error.

If you want to track which analysts are outperforming others, you can view updated analyst ratings as well as analyst pass scores in Benzinga Pro.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Share.

Comments are closed.