CVS Group (LON:CVSG) Given Buy Rating at Berenberg Bank

CVS Group (LON:CVSG)‘s stock had its “buy” rating restated by stock analysts at Berenberg Bank in a report released on Tuesday,London Stock Exchange reports. They presently have a GBX 2,000 price objective on the stock. Berenberg Bank’s price target indicates a potential upside of 59.62% from the stock’s previous close.

Separately, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 1,900 price target on shares of CVS Group in a report on Thursday, March 5th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 1,724.

CVS Group Stock Performance

Shares of LON:CVSG opened at GBX 1,253 on Tuesday. The company has a market capitalization of £879.07 million, a price-to-earnings ratio of 18.19, a PEG ratio of 1.77 and a beta of 1.02. CVS Group has a 12 month low of GBX 1,062 and a 12 month high of GBX 1,648. The firm’s 50-day moving average is GBX 1,173.22 and its 200 day moving average is GBX 1,244.02. The company has a current ratio of 1.07, a quick ratio of 0.90 and a debt-to-equity ratio of 121.52.

CVS Group (LON:CVSG) last issued its quarterly earnings results on Thursday, February 26th. The company reported GBX 40.20 EPS for the quarter. CVS Group had a net margin of 2.31% and a return on equity of 5.35%. Research analysts predict that CVS Group will post 93.9393939 EPS for the current year.

About CVS Group

CVS Group is a leading provider of veterinary services, operating in the UK and Australia, listed on the Main Market of the London Stock Exchange. CVS is focused on providing high-quality clinical services to its clients and their animals, with outstanding and dedicated clinical teams and support colleagues at the core of its strategy.

The Group operates from over 475 veterinary practices across its two territories, including specialist referral hospitals and dedicated out-of-hours sites. Alongside the core Veterinary Practices division, CVS operates Laboratories (providing diagnostic services to CVS and third-parties) and an online retail business (“Animed Direct”).

The Group employs c.8,900 personnel, including c.2,400 veterinary surgeons and c.3,300 nurses.