Home / Royal Mail / Pets at Home Group PLC (LON:PETS) Given Consensus Recommendation of “Hold” by Brokerages

Pets at Home Group PLC (LON:PETS) Given Consensus Recommendation of “Hold” by Brokerages

Pets at Home Group PLC (LON:PETS) has been assigned an average rating of “Hold” from the seven brokerages that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is GBX 170 ($2.22).

A number of research firms have recently commented on PETS. Liberum Capital restated a “sell” rating and issued a GBX 240 ($3.14) price target on shares of Royal Mail in a report on Wednesday, May 22nd. Citigroup began coverage on shares of Boeing in a report on Wednesday, March 27th. They issued a “buy” rating on the stock. Goldman Sachs Group cut shares of Metcash from a “conviction-buy” rating to a “neutral” rating in a report on Monday, June 24th. Numis Securities restated an “add” rating and issued a GBX 3,700 ($48.35) price target on shares of AVEVA Group in a report on Wednesday, May 29th. Finally, Shore Capital restated a “sell” rating on shares of Barratt Developments in a report on Monday, May 20th.

In other Pets at Home Group news, insider Peter Pritchard sold 23,683 shares of the stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of GBX 185 ($2.42), for a total transaction of £43,813.55 ($57,250.16).

Shares of LON PETS traded up GBX 0.80 ($0.01) during mid-day trading on Friday, reaching GBX 200.20 ($2.62). The company had a trading volume of 4,213,185 shares, compared to its average volume of 1,140,000. The stock’s 50-day moving average price is GBX 187.32. The company has a debt-to-equity ratio of 19.85, a quick ratio of 0.41 and a current ratio of 0.91. The firm has a market cap of $1.00 billion and a PE ratio of 33.37. Pets at Home Group has a 52 week low of GBX 102.20 ($1.34) and a 52 week high of GBX 201 ($2.63).

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

Pets at Home Group Company Profile

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.

Read More: How can you know how many shares are floating?

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



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