Pets at Home Group PLC (LON:PETS) Receives Average Rating of “Hold” from Brokerages

Pets at Home Group PLC (LON:PETS) has earned an average rating of “Hold” from the seven research firms that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have given a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 186.25 ($2.43).

A number of analysts have weighed in on the company. Shore Capital reiterated a “hold” rating on shares of Pets at Home Group in a research note on Friday, August 2nd. Goldman Sachs Group increased their target price on Pets at Home Group from GBX 140 ($1.83) to GBX 155 ($2.03) and gave the stock a “sell” rating in a research note on Tuesday, August 6th. Berenberg Bank increased their target price on Pets at Home Group from GBX 130 ($1.70) to GBX 175 ($2.29) and gave the stock a “hold” rating in a research note on Thursday, May 30th. Liberum Capital reiterated an “under review” rating on shares of Pets at Home Group in a research note on Friday, August 2nd. Finally, Numis Securities reiterated a “buy” rating and issued a GBX 225 ($2.94) target price on shares of Pets at Home Group in a research note on Wednesday, May 29th.

PETS stock traded up GBX 0.60 ($0.01) during midday trading on Wednesday, reaching GBX 224.20 ($2.93). The company’s stock had a trading volume of 1,091,795 shares, compared to its average volume of 1,140,000. The company has a debt-to-equity ratio of 19.85, a quick ratio of 0.41 and a current ratio of 0.91. The stock has a fifty day simple moving average of GBX 210.21 and a two-hundred day simple moving average of GBX 171.12. Pets at Home Group has a 1 year low of GBX 102.20 ($1.34) and a 1 year high of GBX 236 ($3.08). The firm has a market capitalization of $1.12 billion and a price-to-earnings ratio of 37.37.

In other news, insider Peter Pritchard sold 23,683 shares of the firm’s stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of GBX 185 ($2.42), for a total transaction of £43,813.55 ($57,250.16).

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.

Featured Article: What Are Treasury Bonds?

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

Receive News & Ratings for Pets at Home Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pets at Home Group and related companies with MarketBeat.com's FREE daily email newsletter.