InvestorsObserver is giving Freshpet Inc (FRPT) an Analyst Rating Rank of 59, meaning FRPT is ranked higher by analysts than 59% of stocks. The average price target for FRPT is $186.4 and analyst’s rate the stock as a Strong Buy.
Wall Street analysts are rating FRPT a Strong Buy today. Find out what this means to you and get the rest of the rankings on FRPT!
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Freshpet Inc Stock Today?
Freshpet Inc (FRPT) stock is trading at $147.94 as of 2:46 PM on Tuesday, Oct 19, a gain of $1.55, or 1.06% from the previous closing price of $146.39. The stock has traded between $144.48 and $148.94 so far today. Volume today is low. So far 234,219 shares have traded compared to average volume of 374,956 shares.
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