Stifel Nicolaus Reiterates “Hold” Rating for Pets at Home Group (PETS)

Stifel Nicolaus reissued their hold rating on shares of Pets at Home Group (LON:PETS) in a research note published on Thursday, November 30th. They currently have a GBX 172 ($2.31) price objective on the stock.

Several other equities analysts have also recently weighed in on the company. Numis Securities reiterated a buy rating and issued a GBX 200 ($2.69) price target on shares of Pets at Home Group in a research report on Tuesday, November 28th. Shore Capital reiterated a buy rating on shares of Pets at Home Group in a report on Friday, August 4th. Liberum Capital reissued a sell rating and set a GBX 145 ($1.95) price target on shares of Pets at Home Group in a report on Tuesday, August 8th. Berenberg Bank reissued a buy rating and set a GBX 230 ($3.10) price target on shares of Pets at Home Group in a report on Friday, September 22nd. Finally, Beaufort Securities reissued a buy rating on shares of Pets at Home Group in a research note on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of Buy and an average target price of GBX 195.71 ($2.63).

Shares of Pets at Home Group (LON:PETS) traded down GBX 4.79 ($0.06) during trading on Thursday, hitting GBX 165.50 ($2.23). 1,757,551 shares of the stock traded hands, compared to its average volume of 1,900,000. Pets at Home Group has a twelve month low of GBX 154.10 ($2.07) and a twelve month high of GBX 246.30 ($3.31).

Pets at Home Group (LON:PETS) last released its earnings results on Tuesday, November 28th. The company reported GBX 6.70 ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of GBX 6.60 ($0.09) by GBX 0.10 ($0.00). Pets at Home Group had a return on equity of 9.78% and a net margin of 9.97%. The company had revenue of £468.01 million for the quarter.

The company also recently disclosed a dividend, which will be paid on Friday, January 12th. Stockholders of record on Thursday, December 7th will be issued a GBX 2.50 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, December 7th. This represents a dividend yield of 1.49%.

In other news, insider Sharon Flood acquired 10,157 shares of the business’s stock in a transaction dated Monday, December 4th. The stock was acquired at an average price of GBX 167 ($2.25) per share, with a total value of £16,962.19 ($22,829.33).

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Pets at Home Group Company Profile

Pets at Home Group Plc is a United Kingdom-based holding company. The Company is a retailer of pet food, pet products and pet-related services. The Company is also the operator of an animal veterinary business and pet grooming salons and the multi-channel equestrian retailer, Ride-away. The Company has a format, dog focused high street store called Barkers, which offers premium products and services targeted at highly engaged dog owners.

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

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