Pets at Home Group Plc (LON:PETS) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Pets at Home Group Plc (LON:PETSGet Rating) have earned an average rating of “Moderate Buy” from the seven brokerages that are covering the company, reports. One research analyst has rated the stock with a sell recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 427 ($5.16).

A number of equities research analysts have recently weighed in on PETS shares. Shore Capital restated a “buy” rating on shares of Pets at Home Group in a research note on Thursday, August 4th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 385 ($4.65) price target on shares of Pets at Home Group in a report on Monday, August 8th. Berenberg Bank decreased their price target on Pets at Home Group from GBX 510 ($6.16) to GBX 470 ($5.68) and set a “buy” rating for the company in a report on Wednesday, June 15th. Finally, Royal Bank of Canada cut Pets at Home Group to an “underperform” rating and cut their price objective for the company from GBX 330 ($3.99) to GBX 280 ($3.38) in a research report on Monday, July 4th.

Pets at Home Group Stock Up 3.3 %

Shares of PETS opened at GBX 321 ($3.88) on Monday. The company has a market cap of £1.58 billion and a PE ratio of 1,337.50. The business has a fifty day moving average of GBX 320.94 and a 200 day moving average of GBX 327.45. Pets at Home Group has a 52-week low of GBX 266.80 ($3.22) and a 52-week high of GBX 524.50 ($6.34). The company has a quick ratio of 0.69, a current ratio of 1.03 and a debt-to-equity ratio of 45.72.

Insider Buying and Selling

In related news, insider Michael Iddon sold 19,762 shares of the business’s stock in a transaction that occurred on Friday, July 29th. The stock was sold at an average price of GBX 323 ($3.90), for a total transaction of £63,831.26 ($77,128.15).

Pets at Home Group Company Profile

(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.

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

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