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Analysts Conflicted on These Consumer Goods Names: Central Garden Pet (CENT) and Kenvue, Inc. (KVUE)

Tipranks - Thu Feb 19, 6:12AM CST

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Central Garden Pet (CENTResearch Report) and Kenvue, Inc. (KVUEResearch Report).

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Central Garden Pet (CENT)

Canaccord Genuity analyst Brian McNamara maintained a Buy rating on Central Garden Pet yesterday and set a price target of $51.00. The company’s shares closed last Tuesday at $38.61.

According to TipRanks.com, McNamara is a 3-star analyst with an average return of 1.9% and a 54.4% success rate. McNamara covers the NA sector, focusing on stocks such as Reynolds Consumer Products, Driven Brands Holdings, and SharkNinja, Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Central Garden Pet with a $50.50 average price target, implying a 32.0% upside from current levels. In a report issued on February 5, TipRanks – Google also reiterated a Buy rating on the stock with a $39.00 price target.

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Kenvue, Inc. (KVUE)

Canaccord Genuity analyst Susan Anderson maintained a Hold rating on Kenvue, Inc. yesterday and set a price target of $18.00. The company’s shares closed last Tuesday at $18.41, close to its 52-week low of $17.67.

According to TipRanks.com, Anderson is a 5-star analyst with an average return of 18.6% and a 45.8% success rate. Anderson covers the NA sector, focusing on stocks such as Peloton Interactive, Sally Beauty, and Ulta Beauty. ;'>

Currently, the analyst consensus on Kenvue, Inc. is a Hold with an average price target of $19.00, a 1.3% upside from current levels. In a report released today, William Blair also maintained a Hold rating on the stock.

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