Home / Royal Mail / Analysts Set Pets at Home Group PLC (LON:PETS) Price Target at GBX 170

Analysts Set Pets at Home Group PLC (LON:PETS) Price Target at GBX 170

Shares of Pets at Home Group PLC (LON:PETS) have been assigned an average rating of “Hold” from the seven brokerages that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 170 ($2.22).

A number of analysts recently weighed in on the stock. HSBC reiterated a “hold” rating on shares of Royal Mail in a research report on Friday, June 7th. Goldman Sachs Group cut shares of Metcash from a “conviction-buy” rating to a “neutral” rating in a research note on Monday, June 24th. Shore Capital reissued a “sell” rating on shares of Barratt Developments in a research note on Monday, May 20th. Liberum Capital reaffirmed a “sell” rating and set a GBX 240 ($3.14) price target on shares of Royal Mail in a report on Wednesday, May 22nd. Finally, Numis Securities reissued an “add” rating and set a GBX 3,700 ($48.35) target price on shares of AVEVA Group in a report on Wednesday, May 29th.

Shares of LON PETS opened at GBX 204.20 ($2.67) on Friday. The stock’s 50-day moving average is GBX 188.35. The firm has a market cap of $1.01 billion and a P/E ratio of 34.03. The company has a current ratio of 0.91, a quick ratio of 0.41 and a debt-to-equity ratio of 19.85. Pets at Home Group has a 12-month low of GBX 102.20 ($1.34) and a 12-month high of GBX 204.20 ($2.67).

The company also recently announced a dividend, which was paid on Tuesday, July 16th. Stockholders of record on Thursday, June 13th were given a dividend of GBX 5 ($0.07) per share. This represents a dividend yield of 3.02%. This is a positive change from Pets at Home Group’s previous dividend of $2.50. The ex-dividend date was Thursday, June 13th. Pets at Home Group’s dividend payout ratio is presently 1.17%.

In related news, insider Peter Pritchard sold 23,683 shares of the company’s stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of GBX 185 ($2.42), for a total transaction of £43,813.55 ($57,250.16).

About Pets at Home Group

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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Analyst Recommendations for Pets at Home Group (LON:PETS)

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