Freshpet (FRPT) Gets a Hold Rating from Credit Suisse


Credit Suisse analyst Robert Moskow maintained a Hold rating on Freshpet (FRPT) yesterday and set a price target of $32. The company’s shares closed yesterday at $34.35.

According to TipRanks.com, Moskow is a 3-star analyst with an average return of 2.4% and a 52.3% success rate. Moskow covers the Consumer Goods sector, focusing on stocks such as Mondelez International, McCormick & Company, and Campbell Soup.

Freshpet has an analyst consensus of Hold, with a price target consensus of $34, a -1.0% downside from current levels. In a report released yesterday, Imperial Capital also maintained a Hold rating on the stock with a $35 price target.

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The company has a one-year high of $40.58 and a one-year low of $15.67. Currently, Freshpet has an average volume of 297.9K.

Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Freshpet, Inc. engaged in the manufacturing, marketing, and distribution of pet food and pet treats for dogs and cats. Its products are sold throughout the United States and in Canada under the Freshpet Select, Vital, and Nature’s Fresh brands. The company was founded by Scott Morris and Cathal Walsh in October 2006 and is headquartered in Secaucus, NJ.

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