CVS Group (LON:CVSG) Earns “Buy” Rating from Berenberg Bank

CVS Group (LON:CVSG)‘s stock had its “buy” rating reissued by research analysts at Berenberg Bank in a research report issued to clients and investors on Wednesday, MarketBeat.com reports. They currently have a GBX 2,000 price objective on the stock. Berenberg Bank’s price objective indicates a potential upside of 47.06% from the stock’s current price.

Several other equities analysts have also issued reports on CVSG. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 1,500 target price on shares of CVS Group in a report on Friday, August 29th. Peel Hunt restated a “buy” rating and issued a GBX 1,600 target price on shares of CVS Group in a report on Tuesday, October 7th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 1,700.

CVS Group Price Performance

CVSG stock opened at GBX 1,360 on Wednesday. The firm has a market cap of £975.66 million, a price-to-earnings ratio of 35,789.47, a PEG ratio of 1.77 and a beta of 1.02. The company has a quick ratio of 0.90, a current ratio of 1.09 and a debt-to-equity ratio of 110.52. CVS Group has a 12-month low of GBX 791 and a 12-month high of GBX 1,648. The company’s fifty day simple moving average is GBX 1,262.98 and its 200 day simple moving average is GBX 1,210.

CVS Group (LON:CVSG) last released its earnings results on Tuesday, October 7th. The company reported GBX 80.10 earnings per share (EPS) for the quarter. CVS Group had a net margin of 3.20% and a return on equity of 7.86%. On average, analysts expect that CVS Group will post 93.9393939 earnings per share for the current year.

About CVS Group

CVS Group plc, together with its subsidiaries, engages in veterinary, pet crematoria, online pharmacy, and retail businesses. The company operates through four segments: Veterinary Practices, Laboratories, Crematoria, and Online Retail Business. It operates in animal veterinary practices and complementary veterinary diagnostic businesses.