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What is Wall Street's Target Price for Freshpet Inc (FRPT) Stock Tuesday?

Tuesday, October 19, 2021 02:51 PM | InvestorsObserver Analysts
What is Wall Street's Target Price for Freshpet Inc (FRPT) Stock Tuesday?

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.

Overall Score - 4.6
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. Click Here to get the full Stock Report for Freshpet Inc stock.

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