Pets at Home Group’s (PETS) Buy Rating Reiterated at HSBC
Several other brokerages also recently weighed in on PETS. Liberum Capital upgraded Pets at Home Group to a buy rating in a research note on Wednesday, October 10th. Shore Capital reiterated a buy rating on shares of Pets at Home Group in a research note on Thursday, September 27th. Numis Securities reiterated a buy rating and issued a GBX 150 ($1.96) target price on shares of Pets at Home Group in a research note on Tuesday, November 27th. Citigroup lowered their target price on Pets at Home Group from GBX 135 ($1.76) to GBX 127 ($1.66) and set a neutral rating on the stock in a research note on Tuesday, October 30th. Finally, Goldman Sachs Group lowered their target price on Pets at Home Group from GBX 100 ($1.31) to GBX 96 ($1.25) and set a sell rating on the stock in a research note on Thursday, November 29th. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of GBX 153 ($2.00).
PETS traded down GBX 2.30 ($0.03) during trading on Thursday, hitting GBX 118.50 ($1.55). 551,261 shares of the stock were exchanged, compared to its average volume of 1,140,000. Pets at Home Group has a 1-year low of GBX 154.10 ($2.01) and a 1-year high of GBX 221.70 ($2.90).
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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