Pets at Home Group’s (PETS) “Sell” Rating Reaffirmed at Liberum Capital

Pets at Home Group (LON:PETS)‘s stock had its “sell” rating reissued by investment analysts at Liberum Capital in a research note issued on Thursday. They currently have a GBX 145 ($1.97) price objective on the stock. Liberum Capital’s price objective suggests a potential downside of 17.99% from the stock’s previous close.

A number of other equities analysts have also commented on PETS. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 230 ($3.12) price objective on shares of Pets at Home Group in a research note on Friday, September 22nd. Shore Capital reaffirmed a “buy” rating on shares of Pets at Home Group in a research note on Tuesday, October 10th. Numis Securities reaffirmed a “buy” rating and issued a GBX 200 ($2.71) price objective on shares of Pets at Home Group in a research note on Tuesday, November 28th. Beaufort Securities reaffirmed a “buy” rating on shares of Pets at Home Group in a research note on Wednesday, November 29th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a GBX 172 ($2.33) price objective on shares of Pets at Home Group in a research note on Thursday, November 30th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. Pets at Home Group has an average rating of “Buy” and a consensus target price of GBX 195.71 ($2.65).

Pets at Home Group (PETS) opened at GBX 176.80 ($2.40) on Thursday. Pets at Home Group has a 52 week low of GBX 154.10 ($2.09) and a 52 week high of GBX 246.30 ($3.34). The company has a market cap of $884.00 and a P/E ratio of 1,262.86.

Pets at Home Group (LON:PETS) last posted its quarterly earnings data on Tuesday, November 28th. The company reported GBX 6.70 ($0.09) EPS for the quarter, topping analysts’ consensus estimates of GBX 6.60 ($0.09) by GBX 0.10 ($0.00). Pets at Home Group had a net margin of 6.95% and a return on equity of 6.84%. The firm had revenue of £468.01 million during the quarter.

In related news, insider Sharon Flood bought 10,157 shares of the firm’s stock in a transaction on Monday, December 4th. The stock was bought at an average price of GBX 167 ($2.26) per share, with a total value of £16,962.19 ($23,002.70).

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Pets at Home Group Company Profile

Pets at Home Group Plc is a United Kingdom-based holding company. The Company is a retailer of pet food, pet products and pet-related services. The Company is also the operator of an animal veterinary business and pet grooming salons and the multi-channel equestrian retailer, Ride-away. The Company has a format, dog focused high street store called Barkers, which offers premium products and services targeted at highly engaged dog owners.

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

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