Pets at Home Group (LON:PETS) Price Target Raised to GBX 305

Pets at Home Group (LON:PETS) had its price objective raised by Jefferies Financial Group from GBX 265 to GBX 305 in a research note issued to investors on Wednesday morning,Digital Look reports. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts have also commented on PETS. Shore Capital Group assumed coverage on shares of Pets at Home Group in a research note on Thursday, September 3rd. They issued a “buy” rating and a GBX 265 price objective on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 230 price objective on shares of Pets at Home Group in a research note on Friday, July 31st. Four research analysts have rated the stock with a Buy rating. According to data from MarketBeat, Pets at Home Group has an average rating of “Buy” and a consensus price target of GBX 261.25.

Pets at Home Group Price Performance

Shares of LON:PETS opened at GBX 261 on Wednesday. The firm’s 50 day moving average is GBX 221.58 and its two-hundred day moving average is GBX 201.52. Pets at Home Group has a 52 week low of GBX 167.20 and a 52 week high of GBX 264.40. The firm has a market capitalization of £1.12 billion, a P/E ratio of 19.19, a PEG ratio of 2.66 and a beta of 1.10. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 40.77.

About Pets at Home Group

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.