Pets at Home Group (LON:PETS) Stock Rating Upgraded by Canaccord Genuity Group

Pets at Home Group (LON:PETS) was upgraded by analysts at Canaccord Genuity Group to a “buy” rating in a research report issued to clients and investors on Wednesday,London Stock Exchange reports. The firm currently has a GBX 245 target price on the stock, up from their prior target price of GBX 181. Canaccord Genuity Group’s target price indicates a potential upside of 33.01% from the company’s current price.

Pets at Home Group Trading Up 1.7%

Shares of PETS stock traded up GBX 3 during trading hours on Wednesday, reaching GBX 184.20. The company’s stock had a trading volume of 1,350,510 shares, compared to its average volume of 14,263,221. The company has a current ratio of 0.63, a quick ratio of 0.57 and a debt-to-equity ratio of 41.04. Pets at Home Group has a one year low of GBX 172.70 and a one year high of GBX 276.60. The stock has a market capitalization of £814.36 million, a P/E ratio of 11.10, a P/E/G ratio of 2.66 and a beta of 1.13. The firm’s fifty day simple moving average is GBX 201.98 and its 200 day simple moving average is GBX 205.02.

Pets at Home Group Company Profile

We are the UK’s leading pet care business, providing pet owners with everything they need to be able to look after their pet – from food, toys and bedding, and grooming services, right the way through to first opinion veterinary care.

Our stores represent a unique environment and provide a practical, fun and unique experience for pet owners. We’ll help owners select the right food for their pet with nutrition consultations, help test the water is safe for their fish tank before new fish are introduced, and help socialise a new puppy with socilaisation and training classes – and much more.