Pets at Home Group (LON:PETS) Rating Reiterated by Liberum Capital

Pets at Home Group (LON:PETS)‘s stock had its “buy” rating reaffirmed by Liberum Capital in a research report issued to clients and investors on Friday, ThisIsMoney.Co.Uk reports.

Several other equities research analysts have also recently weighed in on PETS. Citigroup upgraded Pets at Home Group to a “buy” rating and increased their target price for the company from GBX 265 ($3.26) to GBX 280 ($3.45) in a report on Wednesday, June 24th. Morgan Stanley lowered their price target on Pets at Home Group from GBX 200 ($2.46) to GBX 190 ($2.34) and set an “equal weight” rating for the company in a research report on Monday, May 25th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 300 ($3.69) price target on shares of Pets at Home Group in a research report on Friday, May 29th. HSBC lowered their price target on Pets at Home Group from GBX 270 ($3.32) to GBX 255 ($3.14) and set a “buy” rating for the company in a research report on Wednesday, May 27th. Finally, Peel Hunt reaffirmed a “buy” rating on shares of Pets at Home Group in a research report on Tuesday, June 23rd. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of GBX 278.75 ($3.43).

Shares of PETS stock opened at GBX 311.40 ($3.83) on Friday. The stock has a market capitalization of $1.56 billion and a PE ratio of 23.59. Pets at Home Group has a 1-year low of GBX 2.39 ($0.03) and a 1-year high of GBX 317.08 ($3.90). The business has a 50-day moving average of GBX 236.64 and a 200 day moving average of GBX 253.44. The company has a debt-to-equity ratio of 67.64, a current ratio of 0.70 and a quick ratio of 0.36.

In other news, insider Peter Pritchard bought 49,114 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was purchased at an average price of GBX 204 ($2.51) per share, with a total value of £100,192.56 ($123,298.74). Also, insider Susan Dawson bought 4,195 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was purchased at an average cost of GBX 238 ($2.93) per share, with a total value of £9,984.10 ($12,286.61).

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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