Shore Capital reissued their buy rating on shares of Pets at Home Group PLC (LON:PETS) in a research note published on Friday.

PETS has been the subject of a number of other reports. Numis Securities Ltd upgraded shares of Pets at Home Group PLC to a buy rating and set a GBX 200 ($2.64) price objective for the company in a report on Thursday, May 25th. HSBC Holdings plc decreased their price objective on shares of Pets at Home Group PLC from GBX 200 ($2.64) to GBX 180 ($2.37) and set a hold rating for the company in a report on Wednesday, May 17th. Beaufort Securities restated a buy rating on shares of Pets at Home Group PLC in a report on Tuesday, May 30th. Finally, Liberum Capital restated a sell rating and issued a GBX 145 ($1.91) price objective on shares of Pets at Home Group PLC in a report on Friday, July 7th. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of Hold and an average target price of GBX 216.14 ($2.85).

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The business also recently announced a dividend, which was paid on Friday, July 14th. Shareholders of record on Thursday, June 15th were paid a dividend of GBX 5 ($0.07) per share. The ex-dividend date was Thursday, June 15th. This is a positive change from Pets at Home Group PLC’s previous dividend of $2.50. This represents a yield of 3.05%.

In related news, insider Ian Kellett acquired 155,538 shares of Pets at Home Group PLC stock in a transaction dated Thursday, June 22nd. The stock was purchased at an average cost of GBX 158 ($2.08) per share, for a total transaction of £245,750.04 ($324,165.73). Also, insider Sharon Flood acquired 30,373 shares of Pets at Home Group PLC stock in a transaction dated Friday, May 26th. The stock was bought at an average price of GBX 165 ($2.18) per share, with a total value of £50,115.45 ($66,106.65). Over the last quarter, insiders have acquired 495,911 shares of company stock valued at $80,736,549.

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.

Analyst Recommendations for Pets at Home Group PLC (LON:PETS)

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