Pets at Home Group (LON:PETS) Reaches New 1-Year High at $201.40

Pets at Home Group PLC (LON:PETS) reached a new 52-week high on Monday . The stock traded as high as GBX 201.40 ($2.63) and last traded at GBX 203 ($2.65), with a volume of 47363 shares trading hands. The stock had previously closed at GBX 200.20 ($2.62).

PETS has been the topic of several research analyst reports. HSBC reissued a “hold” rating on shares of Royal Mail in a report on Friday, June 7th. Liberum Capital reaffirmed a “sell” rating and issued a GBX 240 ($3.14) target price on shares of Royal Mail in a report on Wednesday, May 22nd. Citigroup initiated coverage on Boeing in a report on Wednesday, March 27th. They issued a “buy” rating on the stock. Berenberg Bank raised their target price on from GBX 2,100 ($27.44) to GBX 2,750 ($35.93) and gave the stock a “hold” rating in a report on Thursday, May 30th. Finally, Shore Capital reaffirmed a “sell” rating on shares of Barratt Developments in a report on Monday, May 20th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 162.83 ($2.13).

The stock has a fifty day simple moving average of GBX 188.70. The company has a market capitalization of $1.03 billion and a P/E ratio of 34.21. The company has a debt-to-equity ratio of 19.85, a current ratio of 0.91 and a quick ratio of 0.41.

The business also recently announced a dividend, which was paid on Tuesday, July 16th. Investors of record on Thursday, June 13th were issued a GBX 5 ($0.07) dividend. This is a boost from Pets at Home Group’s previous dividend of $2.50. This represents a yield of 3.02%. The ex-dividend date was Thursday, June 13th. Pets at Home Group’s dividend payout ratio (DPR) is currently 1.17%.

In related news, insider Peter Pritchard sold 23,683 shares of the firm’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 value of £43,813.55 ($57,250.16).

Pets at Home Group Company Profile (LON:PETS)

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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