Pets at Home Group (LON:PETS) PT Raised to GBX 300

Pets at Home Group (LON:PETS) had its price objective increased by Berenberg Bank from GBX 210 ($2.76) to GBX 300 ($3.95) in a report published on Monday morning, Stock Target Advisor reports. Berenberg Bank currently has a hold rating on the stock.

Several other research analysts have also recently weighed in on the stock. Liberum Capital lifted their price target on shares of Pets at Home Group from GBX 300 ($3.95) to GBX 330 ($4.34) and gave the stock a buy rating in a research note on Wednesday, January 22nd. HSBC lifted their price target on shares of Pets at Home Group from GBX 235 ($3.09) to GBX 270 ($3.55) and gave the stock a hold rating in a research note on Friday, December 6th. Goldman Sachs Group lifted their price target on shares of Pets at Home Group from GBX 255 ($3.35) to GBX 280 ($3.68) and gave the stock a neutral rating in a research note on Thursday, January 23rd. Citigroup cut shares of Pets at Home Group to a neutral rating in a research note on Thursday, November 28th. Finally, Peel Hunt restated a hold rating on shares of Pets at Home Group in a research note on Thursday, February 13th. Seven analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Pets at Home Group currently has an average rating of Hold and a consensus price target of GBX 286.43 ($3.77).

Shares of Pets at Home Group stock opened at GBX 282 ($3.71) on Monday. The company’s fifty day simple moving average is GBX 291.03 and its 200-day simple moving average is GBX 247.92. The stock has a market capitalization of $1.41 billion and a PE ratio of 28.48. Pets at Home Group has a 1-year low of GBX 128.90 ($1.70) and a 1-year high of GBX 317.08 ($4.17). The company has a debt-to-equity ratio of 73.96, a current ratio of 0.65 and a quick ratio of 0.29.

In related news, insider Peter Pritchard sold 50,000 shares of Pets at Home Group stock in a transaction on Thursday, December 12th. The shares were sold at an average price of GBX 278 ($3.66), for a total transaction of £139,000 ($182,846.62).

About Pets at Home Group

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.

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

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