Pets at Home Group (LON:PETS) Upgraded to “Buy” at Canaccord Genuity Group

Canaccord Genuity Group upgraded shares of Pets at Home Group (LON:PETS) to a buy rating in a report published on Wednesday morning,London Stock Exchange reports. Canaccord Genuity Group currently has GBX 245 target price on the stock, up from their prior target price of GBX 181.

Pets at Home Group Trading Down 0.2%

Pets at Home Group stock opened at GBX 183.49 on Wednesday. The stock has a market cap of £811.20 million, a P/E ratio of 11.05, a PEG ratio of 2.66 and a beta of 1.13. Pets at Home Group has a fifty-two week low of GBX 172.70 and a fifty-two week high of GBX 276.60. The firm’s fifty day moving average price is GBX 201.77 and its 200-day moving average price is GBX 204.87. The company has a debt-to-equity ratio of 41.04, a quick ratio of 0.57 and a current ratio of 0.63.

About Pets at Home Group

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.