Brokerage Firm Rating Update on Blue Buffalo Pet Products (BUFF)

Blue Buffalo Pet Products (BUFF) : The consensus on Blue Buffalo Pet Products (BUFF) based on 6 analyst recommendation on the company stock is 1.42, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Blue Buffalo Pet Products (BUFF) : The most positive equity analysts on Blue Buffalo Pet Products (BUFF) expects the shares to touch $33, whereas, the least positive believes that the stock will trade at $25 in the short term. The company is covered by 5 Wall Street Brokerage Firms. The average price target for shares are $29.6 with an expected fluctuation of $2.97 from the mean.


For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the Citigroup maintains the rating on Blue Buffalo Pet Products (NASDAQ:BUFF). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency raises the price target from $30 per share to $31 per share. The rating by the firm was issued on August 11, 2016.

Blue Buffalo Pet Products (NASDAQ:BUFF): stock was range-bound between the intraday low of $25.44 and the intraday high of $26.24 after having opened at $25.94 on Wednesdays session. The stock finally closed in the red at $25.94, a loss of -0.15%. The stock remained in the red for the whole trading day. The total traded volume was 1,670,769 shares. The stock failed to cross $26.24 in Wednesdays trading. The stocks closing price on Thursday was $25.98.

Blue Buffalo Pet Products, Inc. is a pet food company in the United States, selling dog and cat food made with whole meats, fruits and vegetables, and other natural ingredients. The Company has built four product lines under its BLUE brand. The Company develops, produces, markets and sells pet food under its product lines, which include BLUE Life Protection Formula, BLUE Wilderness, BLUE Basics and BLUE Freedom. Each line of pet food includes different product types for dogs and cats, such as dry food, wet food and treats. The Company also produces and sells cat litter products under the BLUE Naturally Fresh line. The Company sells its products in the specialty channels, either directly to retailers or through distributors. The specialty channels include national pet superstore chains, regional pet store chains, neighborhood pet stores, veterinary clinics, farm and feed stores, e-commerce retailers, military outlets and hardware stores.

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