Credit Suisse reported on Monday that they have increased their price target on convenience food product company, Campbell Soup Company(CPB).
The firm, which currently has a “Underperform” rating on CPB, has increased the company’s price target to $40. This price target suggests that the stock remain flat at its current price of $40.28.
Analysts have increased the company’s price target based on a stable soup market.
Campbell shares were mostly flat during Monday morning trading. The stock has increased 19% in the past year.
The Bottom Line
Shares of Campbell Soup Company(CPB) have a 2.87% yield, based on Monday morning’s price of $40.35.
Campbell Soup Company(CPB) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars.
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