Pets at Home Group (PETS) Receives Sell Rating from Liberum Capital

Liberum Capital reaffirmed their sell rating on shares of Pets at Home Group (LON:PETS) in a report published on Wednesday. The firm currently has a GBX 145 ($1.97) price target on the stock.

Several other analysts have also recently issued reports on PETS. Berenberg Bank reiterated a buy rating and issued a GBX 230 ($3.12) price objective on shares of Pets at Home Group in a research note on Friday, September 22nd. Shore Capital reiterated a buy rating on shares of Pets at Home Group in a research note on Tuesday, October 10th. Numis Securities reiterated a buy rating and issued a GBX 200 ($2.71) price objective on shares of Pets at Home Group in a research note on Tuesday, November 28th. Beaufort Securities reiterated a buy rating on shares of Pets at Home Group in a research note on Wednesday, November 29th. Finally, Stifel Nicolaus reiterated a hold rating and issued a GBX 172 ($2.33) price objective on shares of Pets at Home Group in a research note on Thursday, November 30th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the stock. Pets at Home Group currently has an average rating of Buy and a consensus target price of GBX 195.71 ($2.65).

Shares of Pets at Home Group (LON PETS) traded up GBX 6.20 ($0.08) during midday trading on Wednesday, hitting GBX 174.50 ($2.37). The stock had a trading volume of 1,650,871 shares, compared to its average volume of 1,400,000. The firm has a market capitalization of $872.50 and a PE ratio of 1,246.43. Pets at Home Group has a twelve month low of GBX 154.10 ($2.09) and a twelve month high of GBX 246.30 ($3.34).

Pets at Home Group (LON:PETS) last announced its quarterly earnings data on Tuesday, November 28th. The company reported GBX 6.70 ($0.09) earnings per share (EPS) for the quarter, beating the consensus estimate of GBX 6.60 ($0.09) by GBX 0.10 ($0.00). The business had revenue of £468.01 million for the quarter. Pets at Home Group had a return on equity of 6.84% and a net margin of 6.95%.

The firm also recently declared a dividend, which was paid on Friday, January 12th. Shareholders of record on Thursday, December 7th were paid a GBX 2.50 ($0.03) dividend. This represents a yield of 1.49%. The ex-dividend date of this dividend was Thursday, December 7th.

In other Pets at Home Group news, insider Sharon Flood purchased 10,157 shares of the business’s stock in a transaction on Monday, December 4th. The shares were bought at an average cost of GBX 167 ($2.26) per share, for a total transaction of £16,962.19 ($23,002.70).

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Pets at Home Group Company Profile

Pets at Home Group Plc is a United Kingdom-based holding company. The Company is a retailer of pet food, pet products and pet-related services. The Company is also the operator of an animal veterinary business and pet grooming salons and the multi-channel equestrian retailer, Ride-away. The Company has a format, dog focused high street store called Barkers, which offers premium products and services targeted at highly engaged dog owners.

Analyst Recommendations for Pets at Home Group (LON:PETS)

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