Campbell’s (NASDAQ:CPB) Price Target Lowered to $30.00 at Stifel Nicolaus

Campbell’s (NASDAQ:CPB) had its target price lowered by investment analysts at Stifel Nicolaus from $34.00 to $30.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has a “hold” rating on the stock. Stifel Nicolaus’ price target points to a potential upside of 5.37% from the company’s previous close.

Several other brokerages also recently weighed in on CPB. Cowen restated a “hold” rating on shares of Campbell’s in a report on Thursday, September 4th. Sanford C. Bernstein raised their target price on shares of Campbell’s from $38.00 to $39.00 and gave the company an “outperform” rating in a report on Thursday, September 4th. Weiss Ratings reissued a “hold (c-)” rating on shares of Campbell’s in a research report on Wednesday, October 8th. UBS Group decreased their price objective on shares of Campbell’s from $30.00 to $28.00 and set a “sell” rating for the company in a research report on Thursday, December 4th. Finally, Bank of America raised their price target on Campbell’s from $29.00 to $30.00 and gave the company an “underperform” rating in a research note on Thursday, September 4th. Three analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $33.41.

Campbell’s Trading Down 5.2%

Shares of CPB stock opened at $28.47 on Wednesday. Campbell’s has a fifty-two week low of $28.13 and a fifty-two week high of $43.85. The company has a 50 day moving average price of $30.60 and a 200 day moving average price of $31.82. The stock has a market capitalization of $8.48 billion, a P/E ratio of 14.24, a price-to-earnings-growth ratio of 10.48 and a beta of -0.05. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.28 and a current ratio of 0.77.

Campbell’s (NASDAQ:CPB) last issued its quarterly earnings results on Tuesday, December 9th. The company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.73 by $0.04. Campbell’s had a net margin of 5.87% and a return on equity of 22.95%. The company had revenue of $2.68 billion during the quarter. 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. Equities research analysts predict that Campbell’s will post 3.15 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CPB. Parkside Financial Bank & Trust boosted its holdings in shares of Campbell’s by 21.4% in the third quarter. Parkside Financial Bank & Trust now owns 1,942 shares of the company’s stock valued at $61,000 after acquiring an additional 342 shares during the period. Keybank National Association OH grew its position in Campbell’s by 1.1% during the 3rd quarter. Keybank National Association OH now owns 32,729 shares of the company’s stock worth $1,034,000 after purchasing an additional 353 shares during the last quarter. New England Asset Management Inc. grew its position in Campbell’s by 0.6% during the 1st quarter. New England Asset Management Inc. now owns 64,690 shares of the company’s stock worth $2,582,000 after purchasing an additional 370 shares during the last quarter. J.W. Cole Advisors Inc. raised its holdings in shares of Campbell’s by 1.9% in the second quarter. J.W. Cole Advisors Inc. now owns 19,920 shares of the company’s stock valued at $611,000 after buying an additional 375 shares during the last quarter. Finally, Public Employees Retirement System of Ohio raised its holdings in shares of Campbell’s by 0.6% in the third quarter. Public Employees Retirement System of Ohio now owns 60,571 shares of the company’s stock valued at $1,913,000 after buying an additional 376 shares during the last quarter. Institutional investors and hedge funds own 52.35% of the company’s stock.

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.