Campbell Soup (NYSE:CPB) Upgraded to “Hold” at StockNews.com

by · The Markets Daily

StockNews.com upgraded shares of Campbell Soup (NYSE:CPB – Free Report) from a sell rating to a hold rating in a research note released on Friday morning.

Campbell Soup Stock Performance

Shares of NYSE CPB opened at $49.36 on Friday. Campbell Soup has a 1-year low of $37.94 and a 1-year high of $52.81.

Campbell Soup (NYSE:CPB – Get Free Report) last announced its quarterly earnings results on Thursday, August 29th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.01. The firm had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.30 billion.

About Campbell Soup

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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.

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