Central Garden & Pet Co (NASDAQ:CENT) has coverage initiated with a Buy rating and $44.00 price target

ME Staff
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Analyst Ratings For Central Garden & Pet Co (NASDAQ:CENT)

Today, Bank of America initiated coverage on Central Garden & Pet Co (NASDAQ:CENT) with a Buy with a price target of $44.00.

There are 5 Buy Ratings, 2 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Central Garden & Pet Co (NASDAQ:CENT) is Buy with a consensus target price of $46.40 per share, a potential 16.23% upside.

Some recent analyst ratings include

  • 9/10/2018-Central Garden & Pet Co (NASDAQ:CENT) has coverage initiated with a Buy rating and $44.00 price target
  • 8/13/2018-Central Garden & Pet Co (NASDAQ:CENT) has coverage initiated with a Buy rating and $45.00 price target
  • 3/26/2018-Central Garden & Pet Co (NASDAQ:CENT) had its Buy rating reiterated by KeyCorp with a $46.00 price target
  • 12/7/2017-Central Garden & Pet Co (NASDAQ:CENT) has coverage initiated with a Buy rating and $47.00 price target
  • 11/29/2017-Central Garden & Pet Co (NASDAQ:CENT) had its Hold rating reiterated by Oppenheimer
  • 10/16/2017-Central Garden & Pet Co (NASDAQ:CENT) gets downgraded to Neutral by Sidoti

Recent Insider Trading Activity For Central Garden & Pet Co (NASDAQ:CENT)
Central Garden & Pet Co (NASDAQ:CENT) has insider ownership of 12.60% and institutional ownership of 23.49%.

  • On 5/23/2018 John Ranelli, Director, sold 9,900 with an average share price of $40.77 per share and the total transaction amounting to $403,623.00.
  • On 5/21/2018 John Ranelli, Director, sold 5,000 with an average share price of $40.88 per share and the total transaction amounting to $204,400.00.
  • On 5/16/2018 Brooks Pennington III, Director, sold 5,181 with an average share price of $37.64 per share and the total transaction amounting to $195,012.84.
  • On 5/15/2018 Michael A Reed, Insider, sold 10,033 with an average share price of $37.60 per share and the total transaction amounting to $377,240.80.
  • On 5/11/2018 Michael A Reed, Insider, sold 16,365 with an average share price of $36.50 per share and the total transaction amounting to $597,322.50.
  • On 5/11/2018 Thomas J Colligan, Director, sold 2,000 with an average share price of $36.62 per share and the total transaction amounting to $73,240.00.
  • On 2/28/2018 John Ranelli, Director, sold 11,563 with an average share price of $36.97 per share and the total transaction amounting to $427,484.11.

About Central Garden & Pet Co (NASDAQ:CENT)
Central Garden & Pet Company, together with its subsidiaries, produces and distributes products for the lawn and garden, and pet supplies markets in the United States. It operates through two segments, Pet and Garden. The Pet segment supplies products for dogs and cats comprising edible bones, edible and non-edible chews, rawhide, dog and cat food and treats, toys, pet carriers, grooming supplies, and other accessories; and food, cages and habitats, toys, chews, and related accessories for birds, small animals, and specialty pets. It also offers animal and household health, and insect control products; aquariums, furniture and lighting fixtures, pumps, filters, water conditioners, food and supplements, and information and knowledge resources for fish, reptiles, and other aquarium-based pets; and products for horses and livestock. This segment sells its products to independent pet distributors, retail chains, grocery stores, mass merchants, and bookstores under the Adams, Aqueon, Avoderm, Bio Spot Active Care, Cadet, Farnam, Four Paws, Kaytee, K&H Pet Products, Nylabone, Pinnacle, TFH, Zilla, Altosid, Comfort Zone, Coralife, Interpet, Kent Marine, Pet Select, Super Pet, and Zodiac brands. The Garden segment provides grass seeds; wild bird feed, bird feeders, bird houses, and other birding accessories; weed, grass, and other herbicide, insecticide, and pesticide products; fertilizers; and decorative outdoor lifestyle products, such as pottery, trellises, and other wood products. This segment sells its products to retail chains, independent garden distributors, grocery stores, nurseries, and garden supply retailers under the AMDRO, Ironite, Pennington, Sevin, Lilly Miller, Over-N-Out, Smart Seed, and The Rebels brands. The company is also involved in the distribution of third party pet, and lawn and garden products. Central Garden & Pet Company was founded in 1955 and is headquartered in Walnut Creek, California.

Recent Trading Activity for Central Garden & Pet Co (NASDAQ:CENT)
Shares of Central Garden & Pet Co closed the previous trading session at 39,92 −0,53 1,31 % with shares trading hands.