CVS Group (LON:CVSG) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

CVS Group (LON:CVSG) had its target price lifted by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 1,500 to GBX 1,700 in a research report issued to clients and investors on Tuesday, MarketBeat Ratings reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price suggests a potential upside of 20.23% from the stock’s previous close.

A number of other research analysts also recently weighed in on the stock. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 2,000 target price on shares of CVS Group in a research report on Wednesday, October 15th. Peel Hunt reiterated a “buy” rating and issued a GBX 1,600 price target on shares of CVS Group in a research note on Tuesday, October 7th. Finally, Royal Bank Of Canada increased their price target on shares of CVS Group from GBX 1,500 to GBX 1,900 and gave the company an “outperform” rating in a research note on Tuesday. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,724.

CVS Group Stock Down 0.4%

CVS Group stock opened at GBX 1,414 on Tuesday. The company has a market cap of £1.01 billion, a P/E ratio of 372.11, a price-to-earnings-growth ratio of 1.77 and a beta of 1.02. CVS Group has a 1-year low of GBX 791 and a 1-year high of GBX 1,648. The company has a fifty day simple moving average of GBX 1,276.47 and a 200 day simple moving average of GBX 1,221.16. The company has a current ratio of 1.09, a quick ratio of 0.90 and a debt-to-equity ratio of 110.52.

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