Pets at Home Group (LON:PETS) Price Target Cut to GBX 385 by Analysts at Deutsche Bank Aktiengesellschaft

Pets at Home Group (LON:PETSGet Rating) had its price target dropped by Deutsche Bank Aktiengesellschaft from GBX 430 ($5.41) to GBX 385 ($4.84) in a research note issued on Wednesday, MarketBeat.com reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 21.84% from the stock’s previous close.

PETS has been the subject of a number of other research reports. Peel Hunt restated a “buy” rating and set a GBX 475 ($5.98) price target on shares of Pets at Home Group in a research note on Tuesday, April 12th. Royal Bank of Canada restated a “sector perform” rating and set a GBX 370 ($4.66) price target on shares of Pets at Home Group in a research note on Monday, May 16th. Shore Capital restated a “buy” rating on shares of Pets at Home Group in a research note on Tuesday. Finally, Berenberg Bank cut their target price on shares of Pets at Home Group from GBX 570 ($7.17) to GBX 510 ($6.42) and set a “buy” rating for the company in a research note on Friday, April 8th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 484.29 ($6.09).

LON PETS opened at GBX 316 ($3.98) on Wednesday. The company has a debt-to-equity ratio of 49.13, a quick ratio of 0.57 and a current ratio of 0.86. The firm has a 50-day simple moving average of GBX 324.12 and a 200 day simple moving average of GBX 393. Pets at Home Group has a twelve month low of GBX 266.80 ($3.36) and a twelve month high of GBX 524.50 ($6.60). The stock has a market cap of £1.58 billion and a PE ratio of 12.95.

About Pets at Home Group (Get Rating)

Pets at Home Group Plc engages in the specialist omnichannel retailing of pet food, pet related products, and pet accessories in the United Kingdom. It operates through three segments: Retail, Vet Group, and Central. The company offers a range of pet foods for dogs, cats, small animals, fish, reptiles, and birds.

Further Reading

Analyst Recommendations for Pets at Home Group (LON:PETS)

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