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Analysts’ Top Consumer Goods Picks: Central Garden Pet (CENT), The Andersons (ANDE)

Tipranks - Fri May 8, 3:56PM CDT

There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Central Garden Pet (CENT), The Andersons (ANDE) and Performance Food Group (PFGC) with bullish sentiments.

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Central Garden Pet (CENT)

In a report released today, Bradley Thomas from KeyBanc maintained a Buy rating on Central Garden Pet, with a price target of $50.00. The company’s shares closed last Thursday at $38.53.

According to TipRanks.com, Thomas is a 5-star analyst with an average return of 13.2% and a 61.8% success rate. Thomas covers the NA sector, focusing on stocks such as Somnigroup International, La-Z-Boy Incorporated, and Purple Innovation. ;'>

Currently, the analyst consensus on Central Garden Pet is a Moderate Buy with an average price target of $45.33, a 16.2% upside from current levels. In a report released today, Canaccord Genuity also maintained a Buy rating on the stock with a $54.00 price target.

See the top stocks recommended by analysts >>

The Andersons (ANDE)

BMO Capital analyst Benjamin Mayhew maintained a Buy rating on The Andersons today and set a price target of $75.00. The company’s shares closed last Thursday at $70.81.

Mayhew has an average return of 38.5% when recommending The Andersons. ;'>

According to TipRanks.com, Mayhew is ranked #11541 out of 12228 analysts.

The Andersons has an analyst consensus of Moderate Buy, with a price target consensus of $82.50, representing a 19.2% upside. In a report issued on May 3, TipRanks – PerPlexity also upgraded the stock to Buy with a $87.00 price target.

Performance Food Group (PFGC)

In a report released today, Kelly Bania from BMO Capital maintained a Buy rating on Performance Food Group, with a price target of $130.00. The company’s shares closed last Thursday at $92.71.

According to TipRanks.com, Bania is a 5-star analyst with an average return of 8.5% and a 67.7% success rate. Bania covers the Consumer Goods sector, focusing on stocks such as United Natural Foods, Albertsons Companies, and The Chefs’ Warehouse. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Performance Food Group with a $124.60 average price target, a 35.0% upside from current levels. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $105.00 price target.

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