Brokerage Firm Rating on Blue Buffalo Pet Products (BUFF)

Blue Buffalo Pet Products (BUFF) : 4 brokerage houses believe that Blue Buffalo Pet Products (BUFF) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Blue Buffalo Pet Products (BUFF). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 6 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.42.

Blue Buffalo Pet Products (BUFF) : The consensus price target for Blue Buffalo Pet Products (BUFF) is $27.8 for the short term with a standard deviation of $2.28. The most optimist securities analyst among the 5 who monitor the stock believes that the stock can reach $30, however, the pessimist price target for the company is $24.


For the current week, the company shares have a recommendation consensus of Buy. Blue Buffalo Pet Products (NASDAQ:BUFF): The stock opened at $27.34 on Thursday but the bulls could not build on the opening and the stock topped out at $27.50 for the day. The stock traded down to $24.86 during the day, due to lack of any buying support eventually closed down at $25.68 with a loss of -4.32% for the day. The stock had closed at $26.84 on the previous day. The total traded volume was 4,991,428 shares.

In a related news,The director officer (Chief Executive Officer) of Blue Buffalo Pet Products, Inc., Schmidt Kurt sold 150,000 shares at $21.28 on July 5, 2016. The Insider selling transaction had a total value worth of $3,192,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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.

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