Blue Buffalo Pet Products (NASDAQ:BUFF): The mean short term price target for Blue Buffalo Pet Products (NASDAQ:BUFF) has been established at $27 per share. The higher price target estimate is at $30 and the lower price target estimate is expected at $22 according to 5 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $3
Many analysts have stated their opinion on the company shares. Deutsche Bank maintains its view on Blue Buffalo Pet Products (NASDAQ:BUFF) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Deutsche Bank raises the price target from $22 per share to $25 per share on Blue Buffalo Pet Products . The rating by the firm was issued on March 9, 2016. For the current week, the company shares have a recommendation consensus of Buy.
On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP, CFO and Treasurer) of Blue Buffalo Pet Products, Inc., Nathenson Michael had sold 63,758 shares worth of $1,275,160 in a transaction dated July 27, 2015. In this transaction, 63,758 shares were sold at $20 per share.
Blue Buffalo Pet Products (NASDAQ:BUFF) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.61 points or 2.49% at $23.87 with 1,334,180 shares getting traded. Post opening the session at $24.11, the shares hit an intraday low of $23.79 and an intraday high of $24.98 and the price was in this range throughout the day. The company has a market cap of $4,684 million and the number of outstanding shares have been calculated to be 196,238,320 shares. The 52-week high of Blue Buffalo Pet Products (NASDAQ:BUFF) is $28.8 and the 52-week low is $15.19.
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.