Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for CVS Group (LON:CVSG) Stock

Key Points

• Deutsche Bank Aktiengesellschaft raised its price target for CVS Group from GBX 1,500 to GBX 1,700, indicating a potential upside of 20.20%.
• Royal Bank Of Canada and Berenberg Bank also issued new price targets of GBX 1,900 and GBX 2,000, respectively, supporting a consensus "Buy" rating across multiple analysts.
• CVS Group recently reported an earnings per share (EPS) of GBX 80.10 and is projected to achieve an EPS of 93.94 for the current fiscal year.

CVS Group (LON:CVSG - Get Free Report) had its price objective increased by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 1,500 to GBX 1,700 in a research report issued on Tuesday, Marketbeat Ratings reports. The brokerage currently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's price target points to a potential upside of 20.20% from the company's current price.

CVSG has been the topic of several other reports. Royal Bank Of Canada increased their price objective on CVS Group from GBX 1,500 to GBX 1,900 and gave the company an "outperform" rating in a research report on Tuesday. Berenberg Bank reissued a "buy" rating and issued a GBX 2,000 target price on shares of CVS Group in a research report on Wednesday, October 15th. Finally, Peel Hunt reissued a "buy" rating and issued a GBX 1,600 target price on shares of CVS Group in a research report on Tuesday, October 7th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of GBX 1,800.

CVS Group Trading Up 1.3%

LON CVSG opened at GBX 1,414.29 on Tuesday. The company has a current ratio of 1.09, a quick ratio of 0.90 and a debt-to-equity ratio of 110.52. CVS Group has a 12 month low of GBX 791 and a 12 month high of GBX 1,648. The stock has a market cap of £1.01 billion, a P/E ratio of 372.18, a P/E/G ratio of 1.77 and a beta of 1.02. The stock's fifty day moving average price is GBX 1,269.39 and its 200-day moving average price is GBX 1,218.42.

CVS Group (LON:CVSG - Get Free Report) last released its quarterly earnings data on Tuesday, October 7th. The company reported GBX 80.10 EPS for the quarter. CVS Group had a return on equity of 7.86% and a net margin of 3.20%. As a group, equities analysts forecast that CVS Group will post 93.9393939 EPS for the current fiscal year.

CVS Group Company Profile

CVS Group plc, together with its subsidiaries, engages in veterinary, pet crematoria, online pharmacy, and retail businesses. The company operates through four segments: Veterinary Practices, Laboratories, Crematoria, and Online Retail Business. It operates in animal veterinary practices and complementary veterinary diagnostic businesses.

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