01.09.2016 - We forecast a drop in prices of Campbell Soup
Campbell Soup shares are reduced after was published weak report for the fourth quarter of the fiscal year, according to which the company's loss totaled 37 million dollars after received 43 million profit in the last year. The company's sales for the period totaled 1,687 billion dollars that is below the forecast of 1,694 million dollars. In 2017, in the company expect increase in sales by 1%. According to our estimates, the drop in share prices will continue in the near future, with the potential of decrease by 10-12%.