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Pet Valu Holdings Ltd. (TSE:PET) Given Consensus Recommendation of "Buy" by Brokerages

Pet Valu logo with Consumer Cyclical background

Key Points

  • Pet Valu Holdings Ltd. has received an average recommendation of "Buy" from ten ratings firms, with nine analysts rating it a buy and one a strong buy.
  • The average 12-month price target for Pet Valu's stock is C$40.22, with several analysts recently increasing their targets significantly.
  • The company's shares have shown a one-year low of C$22.53 and a high of C$39.10, and its current market capitalization stands at C$2.64 billion.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of Pet Valu Holdings Ltd. (TSE:PET - Get Free Report) have received an average recommendation of "Buy" from the ten ratings firms that are presently covering the stock, MarketBeat reports. Nine equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is C$40.22.

Several equities research analysts have weighed in on the company. ATB Capital increased their target price on Pet Valu from C$40.00 to C$41.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 6th. Stifel Nicolaus increased their target price on Pet Valu from C$33.00 to C$40.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. TD Securities increased their target price on Pet Valu from C$35.00 to C$44.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. National Bankshares increased their target price on Pet Valu from C$38.00 to C$41.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 6th. Finally, Raymond James Financial increased their target price on Pet Valu from C$36.00 to C$40.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 6th.

View Our Latest Analysis on Pet Valu

Pet Valu Price Performance

Shares of TSE PET opened at C$38.76 on Friday. Pet Valu has a 1-year low of C$22.53 and a 1-year high of C$39.10. The business's fifty day moving average price is C$35.59 and its two-hundred day moving average price is C$30.48. The firm has a market capitalization of C$2.64 billion, a PE ratio of 28.93 and a beta of 0.92.

Pet Valu Company Profile

(Get Free Report)

Pet Valu Holdings Ltd is engaged in providing pet-related products through its stores. Its products include Dry Food, Wet Food, Frozen raw food, Jerky Treats, and Training treats among others. The services offered by the company include Dog Wash, Adoption, Grooming, and Frozen Raw.

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Analyst Recommendations for Pet Valu (TSE:PET)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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