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Pets at Home Group (PETS) Given Buy Rating at Shore Capital

Pets at Home Group (LON:PETS)‘s stock had its “buy” rating reiterated by investment analysts at Shore Capital in a report issued on Friday.

A number of other equities analysts have also recently issued reports on PETS. Liberum Capital raised shares of Pets at Home Group to a “hold” rating in a research note on Friday. Numis Securities reaffirmed a “buy” rating on shares of Pets at Home Group in a research note on Tuesday, May 22nd. HSBC raised shares of Pets at Home Group to a “buy” rating and raised their price objective for the company from GBX 180 ($2.36) to GBX 245 ($3.22) in a research note on Monday, April 23rd. Citigroup cut shares of Pets at Home Group to a “neutral” rating in a research note on Friday, April 6th. Finally, Morgan Stanley raised shares of Pets at Home Group to an “equal weight” rating in a research note on Friday, June 8th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 181.67 ($2.39).

Shares of Pets at Home Group opened at GBX 113.10 ($1.49) on Friday, MarketBeat reports. Pets at Home Group has a fifty-two week low of GBX 154.10 ($2.02) and a fifty-two week high of GBX 221.70 ($2.91).

In other news, insider Peter Pritchard sold 10,729 shares of Pets at Home Group stock in a transaction on Friday, June 15th. The shares were sold at an average price of GBX 124 ($1.63), for a total transaction of £13,303.96 ($17,479.91). Also, insider Tony DeNunzio purchased 200,000 shares of Pets at Home Group stock in a transaction dated Thursday, June 7th. The shares were purchased at an average cost of GBX 128 ($1.68) per share, for a total transaction of £256,000 ($336,355.28). Over the last ninety days, insiders acquired 470,987 shares of company stock worth $60,138,180.

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 and leads, feeding bowls, clothing, toys, travel, and training products for dogs and cats; housing, bedding, and enrichment products for small animals; and health and hygiene products for various pet types.

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

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Source: https://www.fairfieldcurrent.com/2018/08/03/pets-at-home-group-pets-given-buy-rating-at-shore-capital.html

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