Central Garden & Pet Company Stock Forecast NASDAQ:CENT

Price Target and Analyst Ratings

Most Recent Rating

Argus is very positive about CENT and gave it a "Hold - Buy" rating on May 20, 2021. The price target was set to $68.00.

Last 30 Days

Historical Ratings

Date	Rating	Action	Authority	Current Price	Target Price
2021-05-20	Hold - Buy	Upgraded by	Argus	$55.69	$68.00
2021-05-14	Hold - Buy	Upgraded by	Argus	$57.89	$68.00
2021-03-30	Hold - Buy	Upgraded by	Truist Securities	$58.73	$45.00 → $65.00
2021-03-24	Hold - Buy	Upgraded by	Truist Securities	$52.65	$45.00 → $65.00
2021-03-24	Hold - Buy	Upgraded by	Truist	$52.65
2020-08-03	Overweight	Target Raised by	KeyCorp	$39.91	$38.00 → $40.00
2020-05-14	Hold	Target Raised by	SunTrust Banks	$34.60	$30.00 → $35.00
2020-05-07	Hold	Target Raised by	SunTrust Banks	$34.33	$25.00 → $30.00

CENT Stock Trend

The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $47.18 will firstly indicate a slower falling rate, but may be the first sign of a trend shift.

Given the current short-term trend, the stock is expected to fall -16.38% during the next 3 months and, with a 90% probability hold a price between $35.78 and $39.45 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

WARNING: Trend forecast is still in the development phase and should be used with caution. Some cases might produce unexpected results such as negative prices at the end of the trend.

Data

Date	Bottom	Mid	Top
2021-09-23	$42.65	$44.84	$47.03
2021-09-24	$42.50	$44.69	$46.89
2021-09-27	$42.35	$44.55	$46.74
2021-09-28	$42.21	$44.40	$46.59
2021-09-29	$42.06	$44.25	$46.45
2021-09-30	$41.91	$44.11	$46.30
2021-10-01	$41.77	$43.96	$46.15
2021-10-04	$41.62	$43.81	$46.01
2021-10-05	$41.47	$43.67	$45.86
2021-10-06	$41.33	$43.52	$45.71
2021-10-07	$41.18	$43.37	$45.57
2021-10-08	$41.03	$43.23	$45.42
2021-10-11	$40.89	$43.08	$45.27
2021-10-12	$40.74	$42.93	$45.13
2021-10-13	$40.59	$42.79	$44.98
2021-10-14	$40.45	$42.64	$44.83
2021-10-15	$40.30	$42.49	$44.69
2021-10-18	$40.15	$42.35	$44.54
2021-10-19	$40.01	$42.20	$44.39
2021-10-20	$39.86	$42.05	$44.25
2021-10-21	$39.71	$41.91	$44.10
2021-10-22	$39.57	$41.76	$43.95
2021-10-25	$39.42	$41.61	$43.81
2021-10-26	$39.27	$41.47	$43.66
2021-10-27	$39.13	$41.32	$43.51
2021-10-28	$38.98	$41.17	$43.37
2021-10-29	$38.83	$41.03	$43.22
2021-11-01	$38.69	$40.88	$43.07
2021-11-02	$38.54	$40.73	$42.93
2021-11-03	$38.39	$40.59	$42.78

About Central Garden & Pet Company

Central Garden & Pet Company, together with its subsidiaries, produces and markets products for the pet, and lawn and garden supplies industries 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 habitat... Read more

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