Central Garden & Pet Co has a consensus price target of $52.25 based on the ratings of 4 analysts. The high is $60 issued by Truist Securities on February 9, 2024. The low is $49 issued by Canaccord Genuity on July 1, 2024. The 3 most-recent analyst ratings were released by Canaccord Genuity, Argus Research, and Canaccord Genuity on July 1, 2024, May 28, 2024, and March 12, 2024, respectively. With an average price target of $50.33 between Canaccord Genuity, Argus Research, and Canaccord Genuity, there's an implied 27.52% upside for Central Garden & Pet Co from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Central Garden & Pet (NASDAQ:CENT) was reported by Canaccord Genuity on July 1, 2024. The analyst firm set a price target for $49.00 expecting CENT to rise to within 12 months (a possible 24.14% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Central Garden & Pet (NASDAQ:CENT) was provided by Canaccord Genuity, and Central Garden & Pet maintained their buy rating.
The last upgrade for Central Garden & Pet Co happened on May 28, 2024 when Argus Research raised their price target to $50. Argus Research previously had a hold for Central Garden & Pet Co.
The last downgrade for Central Garden & Pet Co happened on November 30, 2021 when Argus Research changed their price target from N/A to N/A for Central Garden & Pet Co.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Central Garden & Pet, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Central Garden & Pet was filed on July 1, 2024 so you should expect the next rating to be made available sometime around July 1, 2025.
While ratings are subjective and will change, the latest Central Garden & Pet (CENT) rating was a maintained with a price target of $52.00 to $49.00. The current price Central Garden & Pet (CENT) is trading at is $39.47, which is out of the analyst’s predicted range.
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