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JP Morgan downgrades Campbells Co (CPB) rating to a Neutral

Campbells Co’s recently made public that its Executive Vice President Sanzio Anthony unloaded Company’s shares for reported $83805.0 on Jan 03 ’25. In the deal valued at $41.90 per share,2,000 shares were sold. As a result of this transaction, Sanzio Anthony now holds 16,551 shares worth roughly $0.66 million.

Then, Anthony Sanzio bought 2,000 shares, generating $83,800 in total proceeds.

Before that, Brawley Charles A. III bought 6,900 shares. Campbells Co shares valued at $295,113 were divested by the Officer at a price of $42.77 per share.

JP Morgan downgraded its Campbells Co [CPB] rating to a Neutral from a an Overweight in a research note published on March 06, 2025; the price target was decreased to $37 from $48. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in mid November from “a Neutral” to “an Overweight”. Bernstein also remained covering CPB and has increased its forecast on October 07, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. DA Davidson revised its rating on September 27, 2024. It rated CPB as “a Neutral” which previously was an “a Buy”.

Price Performance Review of CPB

On Tuesday, Campbells Co [NASDAQ:CPB] saw its stock fall -4.95% to $39.96. Over the last five days, the stock has lost -0.92%. Campbells Co shares have fallen nearly -4.58% since the year began. Nevertheless, the stocks have fallen -5.02% over the past one year. While a 52-week high of $52.81 was reached on 03/10/25, a 52-week low of $36.92 was recorded on 02/10/25. SMA at 50 days reached $39.53, while 200 days put it at $44.84.

Levels Of Support And Resistance For CPB Stock

The 24-hour chart illustrates a support level at 39.18, which if violated will result in even more drops to 38.39. On the upside, there is a resistance level at 41.48. A further resistance level may holdings at 42.99. The Relative Strength Index (RSI) on the 14-day chart is 50.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.75, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.30%. Stochastics %K at 56.53% indicates the stock is a holding.

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