Is Campbell’s (CPB) Share Price Slide Creating A Long Term Opportunity For Investors
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If you are wondering whether Campbell’s current share price makes sense, you are in the right place to look at what the numbers are really implying.
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The stock last closed at US$27.98, with a 4.4% return over the past 7 days, 0.4% over 30 days, 1.0% year to date, but a 24.2% decline over 1 year and a 38.3% decline over 3 years.
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These mixed returns have come alongside ongoing interest in Campbell’s position in the packaged food sector and how investors view its long term prospects. Recent attention has focused on how the business fits into consumer staples portfolios and whether the share price now reflects a more cautious…
