Group 1 - Central Garden (CENTA) shares have increased by 11.9% over the past four weeks, closing at $33.49, with a mean price target of $46 indicating a potential upside of 37.4% [1] - The average price targets range from a low of $33.00 to a high of $51.00, with a standard deviation of $8.68, suggesting variability in analyst estimates [2] - Analysts show strong agreement in revising earnings estimates higher, with two estimates moving up in the last 30 days and the Zacks Consensus Estimate increasing by 2.5% [12][11] Group 2 - The Zacks Rank for CENTA is 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - While the consensus price target may not be a reliable indicator of the stock's potential gain, it does provide a directional guide for price movement [14]
Wall Street Analysts Think Central Garden (CENTA) Could Surge 37.35%: Read This Before Placing a Bet