Pets at Home Group PLC’s (PETS) Hold Rating Reaffirmed at Berenberg Bank
Several other analysts also recently weighed in on the company. Goldman Sachs Group, Inc. (The) downgraded Pets at Home Group PLC to a neutral rating and lowered their price objective for the company from GBX 275 ($3.34) to GBX 235 ($2.86) in a research report on Monday, November 28th. Liberum Capital reiterated a sell rating and issued a GBX 200 ($2.43) price objective on shares of Pets at Home Group PLC in a research report on Wednesday, September 28th. HSBC reiterated a buy rating and issued a GBX 320 ($3.89) price objective on shares of Pets at Home Group PLC in a research report on Tuesday, November 22nd. Numis Securities Ltd initiated coverage on Pets at Home Group PLC in a research report on Tuesday, December 20th. They issued an add rating and a GBX 256 ($3.11) price objective for the company. Finally, Beaufort Securities reiterated a buy rating on shares of Pets at Home Group PLC in a research report on Friday, November 25th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 256.71 ($3.12).
Pets at Home Group PLC (LON:PETS) traded up 1.09% during mid-day trading on Thursday, reaching GBX 240.90. 460,783 shares of the company traded hands. Pets at Home Group PLC has a 12-month low of GBX 203.93 and a 12-month high of GBX 288.40. The stock’s market capitalization is GBX 1.20 billion. The company’s 50-day moving average is GBX 229.66 and its 200-day moving average is GBX 235.06.
The company also recently declared a dividend, which was paid on Friday, January 6th. Investors of record on Thursday, December 1st were paid a GBX 2.50 ($0.03) dividend. The ex-dividend date was Thursday, December 1st. This represents a yield of 1.12%.
About Pets at Home Group PLC
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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