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Analysts Offer Insights on Consumer Goods Companies: Campbell Soup (CPB) and Walmart (WMT)

Tipranks - Wed Jul 1, 5:42AM CDT

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Campbell Soup (CPB) and Walmart (WMT).

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Campbell Soup (CPB)

Bernstein analyst Alexia Burland Howard reiterated a Sell rating on Campbell Soup today and set a price target of $18.00. The company’s shares closed last Monday at $23.01.

According to TipRanks.com, Howard is ranked 0 out of 5 stars with an average return of -8.8% and a 38.0% success rate. Howard covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and The Hershey Company. ;'>

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Campbell Soup with a $19.43 average price target.

See the top stocks recommended by analysts >>

Walmart (WMT)

In a report released yesterday, Simeon Gutman from Morgan Stanley maintained a Buy rating on Walmart, with a price target of $140.00. The company’s shares closed last Monday at $114.60.

According to TipRanks.com, Gutman is a 3-star analyst with an average return of 1.3% and a 57.9% success rate. Gutman covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Academy Sports and Outdoors, and National Vision Holdings. ;'>

Currently, the analyst consensus on Walmart is a Strong Buy with an average price target of $142.08, a 22.0% upside from current levels. In a report issued on June 15, TD Cowen also maintained a Buy rating on the stock with a $150.00 price target.

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