Why Analysts Lowered Their Target Price for Campbell Soup
In this series, we’ll analyze Campbell Soup’s fiscal 1Q18 performance.
The Wall Street analyst consensus for Sprint’s 12-month target price is $7.28, which implies a potential return of approximately 17% from the closing price of $6.21 as of November 20, 2017.
Of the 13 analysts covering Signet Jewelers (SIG) stock, 69.0% recommended a “hold,” and 31.0% maintained a “buy” rating.
On November 14, 2017, Citigroup reduced the target price for Ensco (ESV) to $7.5 from $7.7. Citigroup also reduced Noble’s (NE) target price.
According to Wall Street analyst consensus, PPL (PPL) has a mean price target of $39.71 against its current market price of $35.91, which shows a gain potential of approximately 11% going forward.
TransCanada (TRP) has risen nearly 10.0% so far in 2017. It has outperformed Targa Resources (TRGP), ONEOK (OKE), and Enbridge (ENB) year-to-date.
Of the 27 analysts covering Activision (ATVI), 20 have recommended “buy,” none have recommended “sell,” and seven have recommended “hold.”
Approximately 65.5% of Wall Street analysts have rated Chesapeake Energy (CHK) stock a “hold” while ~10.3% rated it a “buy.”
CVR Refining (CVRR), a downstream MLP involved in crude oil refining and refined products marketing, saw ratings updates and target price revisions from Barclays and UBS last week.
In week 46, which ended on November 17, 2017, Deutsche Bank reduced the target price for Teekay Tankers (TNK) to $2 from $5.
About 15.2% of analysts tracking Whiting Petroleum (WLL) stock have recommended “buy,” 21.2% have recommended “strong buy,” and 45.5% have recommended “hold.” The average broker target price of $30.98 implies a return…
The median target price on Marathon Oil stock is $17.00, which is ~17% higher than its November 17, 2017, closing price of $14.47.
The majority of analysts covering Walmart (WMT) have given a “neutral” recommendation on the stock.
On Monday, analyst Matthew Fassler with Goldman Sachs downgraded Walmart (WMT) stock to “neutral” from “buy” with a target price of $100.
On November 16, approximately 70% of Wall Street analysts tracking Nabors Industries rated it a “buy” or some equivalent.
Of the 13 analysts covering GoPro (GPRO), two have recommended a “buy,” two have recommended a “sell,” and nine have recommended a “hold.”
Of the 25 analyst recommendations on IBM stock, 60% were “hold” as of November 13, 2017.
PG&E (PCG) stock has a mean target price of $65.4—compared to its current market price of $54.0. It shows an implied gain of 21.1% going forward.
Approximately 48.2% of the analysts tracking Apache (APA) recommend a “hold” for the stock, while ~17.2% of the analysts recommend a “buy” for the stock.
J.M. Smucker beat sales and earnings estimates in fiscal 2Q18. As a result, several analysts covering the stock raised their target price.