Pets at Home Group PLC (PETS) Earns Buy Rating from HSBC
Pets at Home Group PLC (LON:PETS)‘s stock had its “buy” rating reiterated by research analysts at HSBC in a research note issued to investors on Tuesday. They presently have a GBX 320 ($4.00) price target on the stock. HSBC’s price target would suggest a potential upside of 39.37% from the stock’s previous close.
A number of other research analysts have also weighed in on PETS. Citigroup Inc. assumed coverage on shares of Pets at Home Group PLC in a research note on Monday, September 12th. They issued a “buy” rating and a GBX 275 ($3.44) price target on the stock. Liberum Capital reaffirmed a “sell” rating and issued a GBX 200 ($2.50) price target on shares of Pets at Home Group PLC in a research note on Thursday, August 4th. Finally, Goldman Sachs Group Inc. reaffirmed a “buy” rating and issued a GBX 280 ($3.50) price target on shares of Pets at Home Group PLC in a research note on Tuesday, September 6th. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 276.57 ($3.46).
Shares of Pets at Home Group PLC (LON:PETS) opened at 228.40 on Tuesday. The company’s market capitalization is GBX 1.14 billion. The company’s 50 day moving average is GBX 221.34 and its 200 day moving average is GBX 239.71. Pets at Home Group PLC has a 12-month low of GBX 203.93 and a 12-month high of GBX 291.50.
Pets at Home Group PLC 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.
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