Pets at Home Group (LON:PETS) Given Buy Rating at Canaccord Genuity Group

Pets at Home Group (LON:PETS)‘s stock had its “buy” rating reissued by investment analysts at Canaccord Genuity Group in a research report issued to clients and investors on Thursday, Digital Look reports. They presently have a GBX 350 ($4.50) price objective on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 15.89% from the stock’s current price.

Separately, Berenberg Bank decreased their price target on shares of Pets at Home Group from GBX 390 ($5.02) to GBX 330 ($4.24) and set a “hold” rating on the stock in a research note on Thursday, May 30th.

Pets at Home Group Stock Down 1.6 %

PETS stock opened at GBX 302 ($3.88) on Thursday. The company has a current ratio of 0.65, a quick ratio of 0.57 and a debt-to-equity ratio of 45.27. The company’s 50 day moving average is GBX 300.02 and its 200 day moving average is GBX 288.46. The stock has a market cap of £1.41 billion, a price-to-earnings ratio of 1,901.25, a price-to-earnings-growth ratio of 2.66 and a beta of 0.55. Pets at Home Group has a 1-year low of GBX 251 ($3.23) and a 1-year high of GBX 387.80 ($4.99).

Insider Activity

In other news, insider Michael Iddon sold 17,832 shares of Pets at Home Group stock in a transaction dated Monday, June 17th. The stock was sold at an average price of GBX 289 ($3.72), for a total value of £51,534.48 ($66,290.82). Company insiders own 6.90% of the company’s stock.

Pets at Home Group Company Profile

Pets at Home Group Plc engages in the specialist omnichannel retailing of pet food, pet related products, and pet accessories in the United Kingdom. It operates through three segments: Retail, Vet Group, and Central. The company offers pet grooming services comprising a full dog groom, bath, microchipping, and nail clipping; and pet insurance products.