Pets at Home Group’s (PETS) Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Pets at Home Group (LON:PETS) in a research note issued to investors on Thursday, Marketbeat Ratings reports. They currently have a GBX 245 price objective on the stock.

Several other analysts also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Pets at Home Group from GBX 215 to GBX 230 and gave the stock a “buy” rating in a research report on Friday, November 28th. Jefferies Financial Group decreased their price objective on shares of Pets at Home Group from GBX 330 to GBX 250 and set a “buy” rating for the company in a research note on Tuesday, September 23rd. Finally, Berenberg Bank dropped their price objective on Pets at Home Group from GBX 245 to GBX 220 and set a “hold” rating on the stock in a report on Tuesday, September 30th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 236.25.

Pets at Home Group Price Performance

Shares of Pets at Home Group stock opened at GBX 212.20 on Thursday. Pets at Home Group has a fifty-two week low of GBX 175.50 and a fifty-two week high of GBX 276.60. The company has a market cap of £945.81 million, a PE ratio of 12.78, a price-to-earnings-growth ratio of 2.66 and a beta of 0.69. The company has a debt-to-equity ratio of 43.13, a current ratio of 0.63 and a quick ratio of 0.57. The firm has a fifty day moving average price of GBX 211.13 and a two-hundred day moving average price of GBX 230.22.

Pets at Home Group (LON:PETS) last posted its earnings results on Wednesday, November 26th. The company reported GBX 5.70 earnings per share for the quarter. Pets at Home Group had a return on equity of 8.05% and a net margin of 5.36%. Analysts expect that Pets at Home Group will post 22.67844 EPS for the current year.

Insider Activity

In related news, insider Roger Burnley acquired 4,850 shares of the firm’s stock in a transaction on Thursday, October 9th. The stock was bought at an average cost of GBX 204 per share, with a total value of £9,894. Also, insider Ian Burke bought 24,793 shares of the stock in a transaction on Tuesday, September 30th. The stock was bought at an average price of GBX 200 per share, for a total transaction of £49,586. Insiders own 3.27% of the company’s stock.

About Pets at Home Group

We are the UK’s leading pet care business, providing pet owners with everything they need to be able to look after their pet – from food, toys and bedding, and grooming services, right the way through to first opinion veterinary care.

Our stores represent a unique environment and provide a practical, fun and unique experience for pet owners.