Royal Bank Of Canada Raises CVS Group (LON:CVSG) Price Target to GBX 1,900

CVS Group (LON:CVSG) had its price target hoisted by stock analysts at Royal Bank Of Canada from GBX 1,500 to GBX 1,900 in a research report issued on Tuesday, Marketbeat.com reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price would indicate a potential upside of 34.37% from the stock’s current price.

CVSG has been the topic of several other reports. Berenberg Bank restated a “buy” rating and set a GBX 2,000 price target on shares of CVS Group in a report on Wednesday, October 15th. Peel Hunt restated a “buy” rating and set a GBX 1,600 price target on shares of CVS Group in a report on Tuesday, October 7th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, CVS Group presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,724.

CVS Group Stock Performance

Shares of CVSG stock opened at GBX 1,414 on Tuesday. The stock’s fifty day simple moving average is GBX 1,276.47 and its 200-day simple moving average is 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 has a 1-year low of GBX 791 and a 1-year high of GBX 1,648. The company has a market capitalization of £1.01 billion, a price-to-earnings ratio of 372.11, a P/E/G ratio of 1.77 and a beta of 1.02.

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

CVS Group Company Profile

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.