CPB
Stock Code
Stock Exchange
Campbell Brothers Limited (CPB) is an Australia-based company engaged in the manufacturing and distribution of industrial cleaning agents and commercial chemicals; provision of analytical laboratory testing services and distribution of non-food consumables. CPB was listed on the Australian Stock Exchange on the 24th of August 1971. Its average annual revenue reaches approximately AUD$600 million. Its headquarters is located in Queensland, Australia and to date; around 4,250 people are employed in the company.
Here is an update on the Australian Mining Services Sector provided by Australian market analyst UBS.
Energy Boom – The Beneficiaries!
ABN Amro have rated the Campbell Brothers (CPB) stock with a Buy recommendation and a share price target of $19.32 (lifted from $17.02) and the valuation has increased to $16.13 from $15.47. .The broker has noted that AGM comments have revealed that all company divisions continuing to perform well with earnings risk on the upside. Consequently, EBIT was lifted slightly. ABN Amro also notes that Campbell Brothers have a good earnings outlook for next year with the company indicating it plans to open a number of new lab sites.
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