Pets at Home Group PLC’s (PETS) Sell Rating Reaffirmed at Liberum Capital
Several other brokerages have also issued reports on PETS. Numis Securities Ltd upgraded shares of Pets at Home Group PLC to a buy rating and set a GBX 200 ($2.60) target price for the company in a research report on Thursday, May 25th. HSBC Holdings plc cut their target price on shares of Pets at Home Group PLC from GBX 200 ($2.60) to GBX 180 ($2.34) and set a hold rating for the company in a research report on Wednesday, May 17th. Shore Capital restated a buy rating on shares of Pets at Home Group PLC in a research report on Thursday, May 25th. Beaufort Securities restated a buy rating on shares of Pets at Home Group PLC in a research report on Tuesday, May 30th. Finally, Goldman Sachs Group, Inc. (The) restated a neutral rating and set a GBX 172 ($2.24) target price on shares of Pets at Home Group PLC in a research report on Tuesday, June 20th. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of GBX 203.29 ($2.65).
Shares of Pets at Home Group PLC (LON PETS) traded up 5.44% during mid-day trading on Tuesday, hitting GBX 192.00. 2,535,787 shares of the company were exchanged. Pets at Home Group PLC has a 52 week low of GBX 154.10 and a 52 week high of GBX 264.60. The company has a 50 day moving average of GBX 162.58 and a 200 day moving average of GBX 175.48. The company’s market capitalization is GBX 960.00 million.
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The company also recently declared a dividend, which was paid on Friday, July 14th. Shareholders of record on Thursday, June 15th were issued a dividend of GBX 5 ($0.07) per share. The ex-dividend date was Thursday, June 15th. This represents a yield of 3.05%. This is an increase from Pets at Home Group PLC’s previous dividend of $2.50.
In other news, insider Sharon Flood purchased 30,373 shares of the stock in a transaction on Friday, May 26th. The shares were acquired at an average price of GBX 165 ($2.15) per share, with a total value of £50,115.45 ($65,262.99). Also, insider Ian Kellett purchased 155,538 shares of the stock in a transaction on Thursday, June 22nd. The shares were purchased at an average cost of GBX 158 ($2.06) per share, for a total transaction of £245,750.04 ($320,028.70). Insiders have acquired 495,911 shares of company stock worth $80,736,549 in the last ninety days.
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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