Jefferies Financial Group Issues Positive Forecast for Pets at Home Group (LON:PETS) Stock Price

Pets at Home Group (LON:PETS – Get Free Report) had its price target hoisted by Jefferies Financial Group from GBX 265 to GBX 305 in a research report issued on Wednesday, Digital Look reports. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group‘s target price suggests a potential upside of 19.05% from the stock’s current price.

A number of other equities research analysts also recently commented on PETS. Shore Capital Group assumed coverage on shares of Pets at Home Group in a research report on Thursday, September 3rd. They issued a “buy” rating and a GBX 265 price objective on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 230 price objective on shares of Pets at Home Group in a research report on Friday, July 31st. Four analysts have rated the stock with a Buy rating. Based on data from MarketBeat, Pets at Home Group has a consensus rating of “Buy” and an average target price of GBX 261.25.

Check Out Our Latest Stock Analysis on PETS

Pets at Home Group Stock Up 0.6%

Shares of Pets at Home Group stock opened at GBX 256.20 on Wednesday. Pets at Home Group has a 52-week low of GBX 167.20 and a 52-week high of GBX 258.46. The company has a 50 day moving average of GBX 218.90 and a 200 day moving average of GBX 200.58. The company has a quick ratio of 0.57, a current ratio of 0.61 and a debt-to-equity ratio of 40.77. The company has a market capitalization of £1.10 billion, a P/E ratio of 18.84, a P/E/G ratio of 2.66 and a beta of 1.10.

Pets at Home Group Company Profile

(Get Free Report)

We are the UK’s leading pet care business, providing pet owners with everything they need to be able to look after their pet – from food, toys and bedding, and grooming services, right the way through to first opinion veterinary care.

Our stores represent a unique environment and provide a practical, fun and unique experience for pet owners. We’ll help owners select the right food for their pet with nutrition consultations, help test the water is safe for their fish tank before new fish are introduced, and help socialise a new puppy with socilaisation and training classes – and much more.

Further Reading

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