Pets at Home Group (PETS) PT Raised to GBX 100
Pets at Home Group (LON:PETS) had its target price raised by analysts at Goldman Sachs Group from GBX 96 ($1.25) to GBX 100 ($1.31) in a research note issued on Wednesday. The firm presently has a “sell” rating on the stock. Goldman Sachs Group’s target price indicates a potential downside of 30.89% from the company’s current price.
A number of other research analysts have also commented on the company. Shore Capital reissued a “buy” rating on shares of Pets at Home Group in a report on Thursday, September 27th. Liberum Capital raised Pets at Home Group to a “buy” rating in a report on Wednesday, October 10th. HSBC reissued a “buy” rating on shares of Pets at Home Group in a report on Thursday, January 10th. Citigroup lowered their price objective on Pets at Home Group from GBX 135 ($1.76) to GBX 127 ($1.66) and set a “neutral” rating on the stock in a report on Tuesday, October 30th. Finally, Numis Securities reissued a “buy” rating and set a GBX 150 ($1.96) price objective on shares of Pets at Home Group in a report on Tuesday, November 27th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 150 ($1.96).
Shares of PETS stock opened at GBX 144.70 ($1.89) on Wednesday. Pets at Home Group has a fifty-two week low of GBX 154.10 ($2.01) and a fifty-two week high of GBX 221.70 ($2.90).
Pets at Home Group Plc, through its subsidiaries, operates as a specialist retailer of pet food, pet related products, and pet accessories in the United Kingdom. The company offers a range of diets for dogs, cats, small mammals, fish, reptiles, and birds. It also provides pet accessories, including collars, leads and harnesses, bedding, housing, feeding, health and hygiene, travel, training, and enrichment products for dogs, cats, small mammals, fish, birds, and reptiles.
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