Campbell Soup Company which can be found using ticker (CPB) now have 16 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 61 and 41 with the average target price sitting at $52.88. Given that the stocks previous close was at $55.47 this indicates there is a potential downside of -4.7%. The 50 day moving average now sits at $52.95 and the 200 day moving average is $51.49. The total market capitalization for the company now stands at $16,579m. Find out more information at: https://www.campbellsoupcompany.com
The potential market cap would be $15,805m based on the market consensus.
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. This segment provides 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; V8 juices and beverages; Campbell’s tomato juice; and snacking products in foodservice in Canada. The Snacks segment retails Pepperidge Farm cookies, crackers, fresh bakery, and frozen products; Milano cookies and Goldfish crackers; and 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. This segment is also involved in the retail business in Latin America. It sells its products through retail food chains, mass discounters and merchandisers, club stores, convenience stores, drug stores, and dollar stores, as well as e-commerce and other retail, commercial, and non-commercial establishments, and independent contractor distributors. The company was founded in 1869 and is headquartered in Camden, New Jersey.
The company has a dividend yield of 2.67% with the ex dividend date set at 5-4-2023 (DMY).
Other points of data to note are a P/E ratio of 20.43, revenue per share of 30.64 and a 6.73% return on assets.
