Pets at Home Group (LON:PETS) had its target price lowered by equities researchers at Citigroup from GBX 135 ($1.76) to GBX 127 ($1.66) in a research report issued on Tuesday. The firm presently has a “neutral” rating on the stock. Citigroup’s target price indicates a potential upside of 9.39% from the stock’s previous close.
A number of other research analysts also recently issued reports on PETS. HSBC dropped their price objective on Pets at Home Group from GBX 245 ($3.20) to GBX 185 ($2.42) and set a “buy” rating on the stock in a research note on Monday, July 9th. Liberum Capital raised Pets at Home Group to a “hold” rating in a research note on Friday, August 3rd. Shore Capital reissued a “buy” rating on shares of Pets at Home Group in a research note on Friday, August 3rd. Finally, Numis Securities reaffirmed a “buy” rating on shares of Pets at Home Group in a research report on Friday, August 3rd. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of GBX 173.86 ($2.27).
Shares of LON:PETS traded down GBX 2.80 ($0.04) during midday trading on Tuesday, reaching GBX 116.10 ($1.52). The company’s stock had a trading volume of 709,837 shares, compared to its average volume of 1,140,000. 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 and leads, feeding bowls, clothing, toys, travel, and training products for dogs and cats; housing, bedding, and enrichment products for small animals; and health and hygiene products for various pet types.
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