Jefferies Financial Group Forecasts Strong Price Appreciation for Pets at Home Group (LON:PETS) Stock

Pets at Home Group (LON:PETS – Get Free Report) had its price objective hoisted by investment analysts at Jefferies Financial Group from GBX 265 to GBX 305 in a note issued to investors on Wednesday, Digital Look reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group‘s target price indicates a potential upside of 19.05% from the stock’s previous close.

A number of other equities analysts have also recently weighed in on the stock. Shore Capital Group assumed coverage on shares of Pets at Home Group in a research report on Thursday, September 3rd. They set a “buy” rating and a GBX 265 price objective for the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 230 target price on shares of Pets at Home Group in a research report on Friday, July 31st. Four research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of GBX 261.25.

Read Our Latest Stock Analysis on PETS

Pets at Home Group Price Performance

Shares of PETS opened at GBX 256.20 on Wednesday. Pets at Home Group has a 1-year low of GBX 167.20 and a 1-year high of GBX 258.46. The stock has a market cap of £1.10 billion, a PE ratio of 18.84, a P/E/G ratio of 2.66 and a beta of 1.10. The firm has a 50-day simple moving average of GBX 218.90 and a two-hundred day simple moving average of GBX 200.58. The company has a debt-to-equity ratio of 40.77, a current ratio of 0.61 and a quick ratio of 0.57.

Pets at Home Group Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Pets at Home Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pets at Home Group and related companies with MarketBeat.com's FREE daily email newsletter.