Deutsche Bank: CPB’s FQ4 Earnings Preview, A Detailed Analysis

Analysts at Deutsche Bank reiterate their "hold" rating on Campbell Soup Company CPB. The target price for CPB is set to $36. According to Deutsche Bank, “Campbell Soup reports F4Q10 (end July) results on Fri., Sep. 3, 2010. In the smallest seasonal quarter, we expect opr EPS of $0.29 with sales up 8%.” “Mgmt held an analyst meeting in mid July but did not focus on F2011 specifics. Thus investors will likely be interested in the promo environment, share performance, and soup category growth prospects (particularly the weak RTS area) along with F2011 initial outlook (i.e. top line growth targets, currency, inflation, China/Russia funding),” the analysts add. More Analyst Ratings here