Pet Valu (TSE:PET) Stock Price Expected to Rise, Raymond James Financial Analyst Says

Key Points

• Raymond James Financial has increased Pet Valu's target price from C$36.00 to C$40.00, indicating a potential upside of 10.53% from its previous close, maintaining an "outperform" rating.
• Multiple analysts have raised their target prices for Pet Valu, with notable increases from Stifel Nicolaus, Royal Bank of Canada, and Barclays, resulting in a consensus price target of C$40.22.
• Pet Valu's stock recently traded at C$36.19, marking a trading volume above its average, and the company boasts a market capitalization of C$2.57 billion.

Pet Valu (TSE:PET - Get Free Report) had its target price lifted by research analysts at Raymond James Financial from C$36.00 to C$40.00 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. Raymond James Financial's price objective indicates a potential upside of 11.20% from the stock's current price. Raymond James Financial also issued estimates for Pet Valu's Q3 2025 earnings at $0.38 EPS, Q4 2025 earnings at $0.56 EPS, FY2025 earnings at $1.68 EPS and FY2026 earnings at $1.84 EPS.

PET has been the topic of several other reports. Cormark upgraded shares of Pet Valu from a "hold" rating to a "moderate buy" rating in a research report on Wednesday, May 7th. Barclays boosted their price target on shares of Pet Valu from C$32.00 to C$41.00 and gave the stock an "overweight" rating in a research report on Wednesday. Stifel Nicolaus boosted their price target on shares of Pet Valu from C$33.00 to C$40.00 and gave the stock a "buy" rating in a research report on Wednesday. Royal Bank Of Canada boosted their price target on shares of Pet Valu from C$35.00 to C$41.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Finally, National Bankshares set a C$33.00 price target on shares of Pet Valu and gave the stock an "outperform" rating in a research report on Thursday, June 5th. Nine analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of C$40.22.

Pet Valu Trading Down 0.9%

TSE:PET traded down C$0.33 during mid-day trading on Wednesday, hitting C$35.97. 88,196 shares of the company's stock were exchanged, compared to its average volume of 107,156. The company has a 50 day simple moving average of C$33.15 and a 200-day simple moving average of C$28.76. Pet Valu has a fifty-two week low of C$22.53 and a fifty-two week high of C$36.86. The firm has a market capitalization of C$2.56 billion, a P/E ratio of 29.65 and a beta of 0.81.

About Pet Valu

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.