Pet Valu Holdings Ltd. (TSE:PET) Receives C$40.22 Consensus Target Price from Analysts

Shares of Pet Valu Holdings Ltd. (TSE:PET) have been given an average recommendation of “Buy” by the ten analysts that are currently covering the company, MarketBeat.com reports. Nine research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$40.44.

PET has been the topic of a number of recent analyst reports. Barclays boosted their target price on Pet Valu from C$32.00 to C$41.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 6th. Stifel Nicolaus boosted their target price on Pet Valu from C$33.00 to C$40.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Desjardins upped their price target on Pet Valu from C$38.00 to C$41.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. TD Securities upped their price target on Pet Valu from C$35.00 to C$44.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. Finally, ATB Capital increased their target price on Pet Valu from C$40.00 to C$41.00 and gave the company an “outperform” rating in a research note on Wednesday, August 6th.

Pet Valu Price Performance

Pet Valu stock opened at C$34.80 on Monday. Pet Valu has a 12 month low of C$22.53 and a 12 month high of C$39.24. The company has a market cap of C$2.37 billion, a PE ratio of 25.97 and a beta of 0.94. The company has a fifty day moving average price of C$36.73 and a two-hundred day moving average price of C$33.61.

About Pet Valu

Pet Valu Holdings Ltd is engaged in providing pet-related products through its stores. Its products include Dry Food, Wet Food, Frozen raw food, Jerky Treats, and Training treats among others. The services offered by the company include Dog Wash, Adoption, Grooming, and Frozen Raw.