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

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

A number of other equities analysts also recently commented on PETS. Goldman Sachs Group lifted their price objective on Pets at Home Group from GBX 255 ($3.35) to GBX 280 ($3.68) and gave the stock a neutral rating in a research report on Thursday, January 23rd. Citigroup lowered Pets at Home Group to a neutral rating in a research note on Thursday, November 28th. Peel Hunt restated a hold rating and issued a GBX 300 ($3.95) target price on shares of Pets at Home Group in a report on Wednesday, January 15th. Liberum Capital raised their target price on 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. Finally, Peel Hunt reiterated a hold rating on shares of Pets at Home Group in a report on Thursday, February 13th. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Pets at Home Group presently 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 259.80 ($3.42) on Monday. The stock has a market cap of $1.34 billion and a P/E ratio of 26.24. The stock’s 50 day simple moving average is GBX 290.89 and its 200-day simple moving average is GBX 248.18. Pets at Home Group has a 1-year low of GBX 136.10 ($1.79) 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 the stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of GBX 278 ($3.66), for a total value 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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