Deutsche Bank Aktiengesellschaft Lowers Campbell’s (NASDAQ:CPB) Price Target to $20.00

Campbell’s (NASDAQ:CPB) had its target price cut by stock analysts at Deutsche Bank Aktiengesellschaft from $23.00 to $20.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential downside of 9.53% from the company’s previous close.

Several other research analysts also recently issued reports on CPB. UBS Group dropped their price objective on shares of Campbell’s from $24.00 to $20.00 and set a “sell” rating on the stock in a report on Friday, March 13th. Sanford C. Bernstein decreased their target price on Campbell’s from $33.00 to $27.00 and set an “outperform” rating on the stock in a research report on Thursday, March 12th. Jefferies Financial Group restated a “hold” rating and set a $26.00 price target on shares of Campbell’s in a research note on Monday, March 2nd. Weiss Ratings cut Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, January 5th. Finally, Morgan Stanley reduced their price objective on Campbell’s from $27.00 to $25.00 and set an “equal weight” rating for the company in a research report on Thursday, March 12th. Two research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and seven have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Campbell’s presently has a consensus rating of “Reduce” and an average target price of $27.47.

Campbell’s Stock Performance

Shares of CPB stock traded up $0.12 during trading hours on Monday, reaching $22.11. 4,007,927 shares of the company’s stock were exchanged, compared to its average volume of 8,508,512. Campbell’s has a fifty-two week low of $20.62 and a fifty-two week high of $40.59. The company has a quick ratio of 0.51, a current ratio of 1.01 and a debt-to-equity ratio of 1.66. The stock has a market capitalization of $6.59 billion, a P/E ratio of 12.11 and a beta of -0.02. The business has a fifty day moving average price of $25.69 and a 200-day moving average price of $28.51.

Campbell’s (NASDAQ:CPB) last announced its earnings results on Wednesday, March 11th. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.06). The company had revenue of $2.56 billion for the quarter. Campbell’s had a return on equity of 19.96% and a net margin of 5.48%.The company’s revenue for the quarter was down 4.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.74 earnings per share. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. Analysts predict that Campbell’s will post 3.15 EPS for the current fiscal year.

Insider Activity

In related news, EVP Charles A. Brawley III sold 11,550 shares of the stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $28.14, for a total transaction of $325,017.00. Following the completion of the sale, the executive vice president owned 43,777 shares in the company, valued at $1,231,884.78. This trade represents a 20.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Anthony Sanzio sold 2,700 shares of Campbell’s stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $26.51, for a total transaction of $71,577.00. Following the transaction, the executive vice president directly owned 25,264 shares of the company’s stock, valued at $669,748.64. This represents a 9.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 19.78% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Campbell’s

Large investors have recently bought and sold shares of the business. Stance Capital LLC bought a new stake in shares of Campbell’s during the third quarter worth $27,000. Flagship Harbor Advisors LLC bought a new stake in shares of Campbell’s during the fourth quarter valued at approximately $29,000. Sittner & Nelson LLC bought a new stake in shares of Campbell’s during the fourth quarter valued at approximately $29,000. Los Angeles Capital Management LLC acquired a new stake in shares of Campbell’s in the fourth quarter valued at approximately $29,000. Finally, Ankerstar Wealth LLC bought a new position in Campbell’s in the 4th quarter valued at $29,000. 52.35% of the stock is currently owned by institutional investors.

Campbell’s Company Profile

Campbell’s (NASDAQ: CPB) is a leading manufacturer of shelf-stable foods and beverages, best known for its iconic soups and broths. Headquartered in Camden, New Jersey, the company offers a diverse portfolio of products designed to meet consumer demand for convenient, affordable meals and snacks. Since its founding in 1869, Campbell’s has grown through a combination of organic innovation and strategic acquisitions to expand its presence in the food industry.

The company’s brand portfolio includes Campbell’s Condensed Soups, V8 juices, Prego pasta sauces, Swanson broths and stocks, Pace salsas and dips, and Pepperidge Farm baked snacks.