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:PETSFree Report) in a research report released on Thursday, Marketbeat.com reports. They currently have a GBX 300 ($4.04) price target on the stock.

A number of other research analysts have also issued reports on PETS. Berenberg Bank reduced their target price on shares of Pets at Home Group from GBX 290 ($3.90) to GBX 245 ($3.30) and set a “hold” rating on the stock in a report on Tuesday, April 1st. Shore Capital reiterated a “not rated” rating on shares of Pets at Home Group in a research note on Monday, March 31st.

Read Our Latest Stock Analysis on PETS

Pets at Home Group Trading Down 1.1%

PETS stock opened at GBX 267.21 ($3.60) on Thursday. The company has a current ratio of 0.63, a quick ratio of 0.57 and a debt-to-equity ratio of 43.13. The stock has a market cap of £1.22 billion, a price-to-earnings ratio of 16.24, a PEG ratio of 2.66 and a beta of 0.69. Pets at Home Group has a 12-month low of GBX 193.90 ($2.61) and a 12-month high of GBX 326 ($4.39). The business’s 50-day moving average is GBX 239.20 and its 200 day moving average is GBX 232.53.

Pets at Home Group (LON:PETSGet Free Report) last announced its quarterly earnings results on Wednesday, May 28th. The company reported GBX 21 ($0.28) earnings per share for the quarter. Pets at Home Group had a net margin of 5.36% and a return on equity of 8.05%. On average, sell-side analysts anticipate that Pets at Home Group will post 22.67844 EPS for the current fiscal year.

Insider Transactions at Pets at Home Group

In related news, insider Garret Turley bought 21,349 shares of the company’s stock in a transaction that occurred on Thursday, March 6th. The shares were acquired at an average price of GBX 234 ($3.15) per share, with a total value of £49,956.66 ($67,218.33). 1.80% of the stock is owned by insiders.

About Pets at Home Group

(Get Free Report)

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.

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