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CPB, GIS, SJM, CAG, and MDLZ: Analysts’ Recommendations

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Campbell Soup

Wall Street analysts maintained a “sell” rating on Campbell Soup (CPB) stock. The company’s earnings are expected to decline in the coming quarters, which would reflect increased cost headwinds and higher interest expenses. Campbell Soup’s sales growth rate will likely decelerate as it annualizes its acquisitions.

Among the 15 analysts covering Campbell Soup, nine recommended a “sell,” four recommended a “hold,” and two recommended a “buy.” Analysts’ target price of $35.54 indicates a downside of 7.2% based on its closing price of $38.30 on March 28.

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J.M. Smucker and General Mills 

Among the 18 analysts covering General Mills (GIS), 12 recommended a “hold,” five recommended a “buy,” and one recommended a “sell.” Analysts’ target price indicates a downside of 3.4%.

Among the 17 analysts covering J.M. Smucker (SJM), nine recommended a “hold,” six recommended a “sell,” and two recommended a “buy.” Analysts’ target price implies a downside of 10.4% based on its closing price of $116.04 on March 21.

Mondelēz and Conagra Brands

Analysts suggest a “buy” on Mondelēz (MDLZ) and Conagra Brands (CAG) stock. Among the 20 analysts covering Mondelēz, 15 recommended a “buy,” while five recommended a “hold.” Analysts’ target price of $49.80 is almost on par with its closing price on March 21.

Among the 12 analysts covering Conagra Brands (CAG), ten recommended a “buy,” one recommended a “sell,” and one recommended a “buy.” Analysts’ target price indicates an upside of 11.4% based on its closing price of $27.74 on March 21.

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