Pet Valu Holdings Ltd. (TSE:PET) Receives Consensus Recommendation of “Buy” from Analysts

Pet Valu Holdings Ltd. (TSE:PET) has received an average rating of “Buy” from the eight ratings firms that are presently covering the firm, MarketBeat Ratings reports. Eight equities research analysts have rated the stock with a buy rating. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is C$38.56.

A number of research analysts have issued reports on PET shares. Desjardins set a C$38.00 price target on Pet Valu and gave the company a “buy” rating in a report on Friday, December 19th. Barclays lowered their price objective on Pet Valu from C$41.00 to C$34.00 in a research note on Wednesday, November 5th. Canadian Imperial Bank of Commerce decreased their price target on Pet Valu from C$42.00 to C$36.00 in a research note on Wednesday, November 5th. Royal Bank Of Canada lowered their target price on Pet Valu from C$43.00 to C$40.00 in a report on Wednesday, November 5th. Finally, Stifel Nicolaus lowered their target price on Pet Valu from C$40.00 to C$37.00 in a research note on Wednesday, November 5th.

Pet Valu Stock Down 3.2%

Pet Valu stock opened at C$28.49 on Friday. The company has a market cap of C$1.97 billion, a PE ratio of 20.80 and a beta of 0.87. The company’s 50-day moving average price is C$28.50 and its 200-day moving average price is C$31.95. Pet Valu has a twelve month low of C$22.53 and a twelve month high of C$39.24.

Pet Valu Company Profile

Pet Valu Holdings Ltd is engaged in providing pet-related products through its stores. Its products include Dry Food, Wet Food, Frozen raw food, Jerky Treats, and Training treats among others. The services offered by the company include Dog Wash, Adoption, Grooming, and Frozen Raw.