Pet Valu (TSE:PET) Given a C$33.00 Price Target by National Bankshares Analysts

Pet Valu (TSE:PET - Get Free Report) has been given a C$33.00 target price by analysts at National Bankshares in a research report issued on Thursday,BayStreet.CA reports. The brokerage currently has an "outperform" rating on the stock. National Bankshares' target price would indicate a potential upside of 6.11% from the stock's current price.

A number of other brokerages also recently commented on PET. Royal Bank of Canada raised their price objective on shares of Pet Valu from C$34.00 to C$35.00 and gave the company an "outperform" rating in a research report on Wednesday, May 7th. Raymond James lifted their price target on shares of Pet Valu from C$34.00 to C$36.00 and gave the company an "outperform" rating in a research report on Wednesday, May 7th. Stifel Nicolaus lifted their price target on shares of Pet Valu from C$28.50 to C$33.00 and gave the company a "buy" rating in a research report on Wednesday, May 7th. ATB Capital lifted their price target on shares of Pet Valu from C$39.00 to C$40.00 and gave the company an "outperform" rating in a research report on Wednesday, May 7th. Finally, CIBC lifted their price target on shares of Pet Valu from C$29.00 to C$33.00 in a research report on Wednesday, March 5th. Seven analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, Pet Valu currently has a consensus rating of "Buy" and a consensus price target of C$34.33.

Pet Valu Stock Performance

TSE:PET traded down C$0.40 during mid-day trading on Thursday, reaching C$31.10. The stock had a trading volume of 619,645 shares, compared to its average volume of 96,116. The firm has a market capitalization of C$2.21 billion, a price-to-earnings ratio of 25.64 and a beta of 0.81. Pet Valu has a twelve month low of C$22.53 and a twelve month high of C$31.99. The business has a 50 day simple moving average of C$27.94 and a 200 day simple moving average of C$26.38.

Pet Valu Company Profile

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.