Peel Hunt Reiterates Buy Rating for Pets at Home Group (LON:PETS)

Pets at Home Group (LON:PETS)‘s stock had its “buy” rating reaffirmed by investment analysts at Peel Hunt in a report issued on Friday, ThisIsMoney.Co.Uk reports.

Other equities analysts also recently issued reports about the company. Shore Capital raised Pets at Home Group to a “buy” rating in a research report on Thursday, May 21st. Berenberg Bank reaffirmed a “buy” rating and set a GBX 300 ($3.69) price target on shares of Pets at Home Group in a research report on Friday, May 29th. HSBC cut their target price on Pets at Home Group from GBX 270 ($3.32) to GBX 255 ($3.14) and set a “buy” rating on the stock in a research report on Wednesday, May 27th. Liberum Capital reissued a “buy” rating on shares of Pets at Home Group in a research report on Friday. Finally, Citigroup raised Pets at Home Group to a “buy” rating and upped their target price for the company from GBX 265 ($3.26) to GBX 280 ($3.45) in a research report on Wednesday, June 24th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of GBX 278.75 ($3.43).

Shares of PETS stock opened at GBX 311.40 ($3.83) on Friday. The business’s fifty day simple moving average is GBX 236.64 and its 200-day simple moving average is GBX 253.44. The company has a market cap of $1.56 billion and a PE ratio of 23.59. The company has a current ratio of 0.70, a quick ratio of 0.36 and a debt-to-equity ratio of 67.64. Pets at Home Group has a 12-month low of GBX 2.39 ($0.03) and a 12-month high of GBX 317.08 ($3.90).

In other Pets at Home Group news, insider Peter Pritchard purchased 49,114 shares of the stock in a transaction on Thursday, May 21st. The shares were bought at an average cost of GBX 204 ($2.51) per share, with a total value of £100,192.56 ($123,298.74). Also, insider Susan Dawson purchased 4,195 shares of the stock in a transaction on Tuesday, May 26th. The stock was acquired at an average cost of GBX 238 ($2.93) per share, for a total transaction of £9,984.10 ($12,286.61).

Pets at Home Group Company Profile

Pets at Home Group Plc, through its subsidiaries, operates as a specialist retailer of pet food, pet related products, and pet accessories in the United Kingdom. The company offers a range of diets for dogs, cats, small mammals, fish, reptiles, and birds. It also provides pet accessories, including collars, leads and harnesses, bedding, housing, feeding, health and hygiene, travel, training, and enrichment products for dogs, cats, small mammals, fish, birds, and reptiles.

See Also: Return on Equity (ROE)

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

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