Pets at Home Group (LON:PETS) Hits New 52-Week Low – What’s Next?

Pets at Home Group Plc (LON:PETS)’s share price reached a new 52-week low on Monday . The company traded as low as GBX 174.10 and last traded at GBX 174.10, with a volume of 11817947 shares. The stock had previously closed at GBX 181.60.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Pets at Home Group from GBX 215 to GBX 230 and gave the company a “buy” rating in a research report on Friday, November 28th. Canaccord Genuity Group restated a “buy” rating and set a GBX 245 price target on shares of Pets at Home Group in a research report on Thursday, December 4th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 236.25.

Pets at Home Group Trading Down 3.9%

The firm’s fifty day moving average is GBX 204.40 and its two-hundred day moving average is GBX 207.33. The company has a quick ratio of 0.57, a current ratio of 0.63 and a debt-to-equity ratio of 41.04. The firm has a market cap of £771.47 million, a P/E ratio of 10.51, a PEG ratio of 2.66 and a beta of 1.13.

Pets at Home Group Company Profile

We are the UK’s leading pet care business, providing pet owners with everything they need to be able to look after their pet – from food, toys and bedding, and grooming services, right the way through to first opinion veterinary care.

Our stores represent a unique environment and provide a practical, fun and unique experience for pet owners. We’ll help owners select the right food for their pet with nutrition consultations, help test the water is safe for their fish tank before new fish are introduced, and help socialise a new puppy with socilaisation and training classes – and much more.