Pets at Home Group (LON:PETS) Sets New 52-Week 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).

Several equities analysts have recently weighed in on the company. Numis Securities reaffirmed an “add” rating and issued a GBX 3,700 ($48.35) price objective on shares of AVEVA Group in a research note on Wednesday, May 29th. HSBC reaffirmed a “hold” rating on shares of Royal Mail in a research note on Friday, June 7th. Berenberg Bank boosted their price target on from GBX 2,100 ($27.44) to GBX 2,750 ($35.93) and gave the stock a “hold” rating in a research report on Thursday, May 30th. Liberum Capital reissued a “sell” rating and set a GBX 240 ($3.14) price target on shares of Royal Mail in a research report on Wednesday, May 22nd. Finally, Citigroup initiated coverage on Boeing in a research report on Wednesday, March 27th. They set a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 162.83 ($2.13).

The stock has a 50-day moving average of GBX 187.32. The company has a market capitalization of $1.02 billion and a PE ratio of 33.83. The company has a quick ratio of 0.41, a current ratio of 0.91 and a debt-to-equity ratio of 19.85.

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

In related news, insider Peter Pritchard sold 23,683 shares of the business’s stock in a transaction that occurred 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 (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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