Campbell Soup (NYSE: CPB) received a Sell rating and a $30 price target from Credit Suisse analyst Robert Moskow on May 18. The company’s shares closed on Friday at $34.37, close to its 52-week low of $34.09.
According to TipRanks.com, Moskow is a 3-star analyst with an average return of 2.1% and a 50.3% success rate. Moskow covers the Consumer Goods sector, focusing on stocks such as Mondelez International, TreeHouse Foods, and Pinnacle Foods.
Currently, the analyst consensus on Campbell Soup is Moderate Sell and the average price target is $42, representing a 22.2% upside.
In a report issued on May 18, Barclays also maintained a Sell rating on the stock with a $33 price target.
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The company has a one-year high of $59.14 and a one-year low of $34.09. Currently, Campbell Soup has an average volume of 3.42M.
Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CPB in relation to earlier this year.
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Campbell Soup Co. engages in manufacturing and marketing of convenience food products such as soup, simple meals, snacks, and healthy beverages. It operates through the following segments: Americas Simple Meals and Beverages; Global Biscuits and Snacks; and Campbell Fresh.
