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A report released today by RBC Capital Markets about Campbell Soup Company (NYSE:CPB) lowers the target price to $53.00

Campbell Soup Company (NYSE:CPB) had its target bumped down to $53.00 by RBC Capital Markets in an issued report issued 11/23/2017. The dropped price target implies a potential upside of 0.13% based on the company's last closing price.

Previously on 11/22/2017, RBC Capital Markets released a statement about Campbell Soup Company (NYSE:CPB) reduced the target price from $55.00 to $53.00. At the time, this indicated a possible upside of 0.14%.

Yesterday Campbell Soup Company (NYSE:CPB) traded -0.46% lower at $46.77. CPB’s 50-day average is $52.09 and its two hundred day average is $55.48. With the last stock price close down -14.72% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.01% over the same period. Volume of trade was up over the average, with 2,135,262 shares of CPB changing hands over the typical 1,891,170

See Chart Below

Campbell Soup Company (NYSE:CPB)

Campbell Soup Company has a 52 week low of $45.29 and a 52 week high of $64.23 with a price-earnings ratio of 29.87 CPB’s total market value is presently $0.

Brief Synopsis About Campbell Soup Company (NYSE:CPB)

Campbell Soup Company is a food company, which manufactures and markets food products. The Company's segments include Americas Simple Meals and Beverages; Global Biscuits and Snacks, and Campbell Fresh. The Americas Simple Meals and Beverages segment includes the retail and food service channel businesses. The segment includes the products, such as Campbell's condensed and ready-to-serve soups; Swanson broth and stocks; Prego pasta sauces; Pace Mexican sauces; Campbell's gravies, pasta, beans and dinner sauces; Plum food and snacks; V8 juices and beverages, and Campbell's tomato juice. The Global Biscuits and Snacks segment includes Pepperidge Farm cookies, crackers, bakery and frozen products; Arnott's biscuits, and Kelsen cookies. The Campbell Fresh segment includes Bolthouse Farms fresh carrots, carrot ingredients, refrigerated beverages and refrigerated salad dressings; Garden Fresh Gourmet salsa, hummus, dips and tortilla chips, and the United States refrigerated soup business.

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