RBC Capital Flags Demand and Inflation Risks for Campbell’s (CPB)

With an annual dividend yield of 7.17%, The Campbell’s Company (NASDAQ:CPB) is included among the 12 Stocks with Highest Dividend to Invest In Now.

On June 9, RBC Capital lowered its price recommendation on The Campbell’s Company (NASDAQ:CPB) to $21 from $23. It reiterated a Sector Perform rating on the shares. The analyst said the company’s third-quarter results highlighted an operating environment that remains difficult from both a demand and cost standpoint. While Campbell’s maintained its full-year guidance, management pointed to the lower end of the range. The company also indicated that fiscal 2027 could see elevated inflation throughout the year if the conflict in the Middle East continues, according to a research note.

Also on June 9, BofA reduced its price goal on CPB to $18 from $20. It kept an Underperform rating on the stock. Following the company’s fiscal third-quarter report, the firm lowered its fiscal 2027 adjusted EPS forecast to $1.77 from $1.95, citing a more challenging cost environment.

The Campbell’s Company (NASDAQ:CPB) produces affordable food and beverage products. The company operates through two divisions, Meals & Beverages and Snacks, with a focus on building and growing its portfolio of well-known brands.

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