Pet Valu (TSE:PET) Price Target Lowered to C$28.00 at Barclays

Pet Valu (TSE:PET) had its price target trimmed by Barclays from C$34.00 to C$28.00 in a report released on Wednesday morning,BayStreet.CA reports. The brokerage currently has an overweight rating on the stock.

A number of other research analysts have also recently weighed in on the company. TD Securities reduced their target price on Pet Valu from C$40.00 to C$34.00 and set a “buy” rating on the stock in a report on Wednesday. National Bank Financial downgraded Pet Valu from an “outperform” rating to a “sector perform” rating and cut their price objective for the stock from C$37.00 to C$28.00 in a report on Wednesday. Raymond James Financial decreased their target price on Pet Valu from C$40.00 to C$31.50 and set an “outperform” rating for the company in a report on Wednesday. Royal Bank Of Canada cut their price target on shares of Pet Valu from C$35.00 to C$33.00 and set an “outperform” rating on the stock in a report on Wednesday. Finally, Stifel Nicolaus reduced their price target on shares of Pet Valu from C$37.00 to C$32.00 and set a “buy” rating on the stock in a research report on Wednesday. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Pet Valu has a consensus rating of “Moderate Buy” and a consensus price target of C$31.94.

Pet Valu Stock Performance

PET opened at C$24.58 on Wednesday. Pet Valu has a 1 year low of C$22.53 and a 1 year high of C$39.24. The company’s 50 day simple moving average is C$28.38 and its 200 day simple moving average is C$31.72. The stock has a market capitalization of C$1.70 billion, a PE ratio of 17.94 and a beta of 0.87.

Pet Valu (TSE:PET) last announced its quarterly earnings results on Tuesday, March 3rd. The company reported C$0.42 earnings per share for the quarter. Pet Valu had a net margin of 8.51% and a return on equity of 115.89%. The company had revenue of C$326.36 million for the quarter. As a group, sell-side analysts expect that Pet Valu will post 1.6820546 earnings per share for the current fiscal year.

More Pet Valu News

Here are the key news stories impacting Pet Valu this week:

• Positive Sentiment: Reported Q4/fiscal 2025 results: C$0.42 EPS on C$326.4M revenue, strong ROE and margins; management provided slide deck and press release that highlight growth and new-store momentum. This supports the stock’s fundamental case. Press Release
• Positive Sentiment: Raised dividend and reported higher 2025 profit while continuing store openings — positive cash return and operating traction that can underpin valuation over time. TipRanks
• Neutral Sentiment: Several firms cut price targets but left constructive ratings (buy/outperform/overweight): TD (PT cut C$40→C$34), Stifel (C$37→C$32), Raymond James (C$40→C$31.50), RBC (C$35→C$33), Desjardins (C$38→C$32), Barclays (C$34→C$28). These moves reduce upside expectations but many analysts still see significant upside, which tempers selling pressure. BayStreet.CA
• Negative Sentiment: Downgrades and lower targets from major banks (CIBC: outperform→neutral, NBF: outperform→sector perform) plus commentary that the growth outlook has softened are the primary drivers of the intra‑day weakness — analysts trimming near‑term expectations tends to push sentiment and flows lower. BayStreet.CA Retail‑Insider: Shares Drop

Pet Valu Company Profile

Pet Valu Holdings Ltd is engaged in providing pet-related products through its stores. Its products include Dry Food, Wet Food, Frozen raw food, Jerky Treats, and Training treats among others. The services offered by the company include Dog Wash, Adoption, Grooming, and Frozen Raw.