Free Trial

Pet Valu (TSE:PET) Given New C$41.00 Price Target at Desjardins

Pet Valu logo with Consumer Cyclical background

Key Points

  • Desjardins raised Pet Valu's target price from C$38.00 to C$41.00, indicating a potential upside of 13.29% from its current price.
  • Nine research analysts have rated the stock as a buy, contributing to a consensus rating of buy with an average price target of C$40.22.
  • During mid-day trading, Pet Valu's shares increased by C$0.27, bringing its current trading price to C$36.19 with a market capitalization of C$2.57 billion.
  • Want stock alerts on Pet Valu? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Pet Valu (TSE:PET - Free Report) had its price target lifted by Desjardins from C$38.00 to C$41.00 in a research report sent to investors on Wednesday morning,BayStreet.CA reports. They currently have a buy rating on the stock. Desjardins also issued estimates for Pet Valu's Q3 2025 earnings at $0.41 EPS, Q4 2025 earnings at $0.54 EPS, FY2025 earnings at $1.67 EPS and FY2026 earnings at $1.86 EPS.

Other equities analysts have also recently issued research reports about the company. Royal Bank Of Canada boosted their price target on Pet Valu from C$35.00 to C$41.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. Stifel Canada raised shares of Pet Valu from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 10th. Stifel Nicolaus upped their price objective 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. ATB Capital increased their price objective on shares of Pet Valu from C$40.00 to C$41.00 and gave the company an "outperform" rating in a research note on Wednesday. Finally, TD Securities boosted their target price on shares of Pet Valu from C$35.00 to C$44.00 and gave the stock a "buy" rating in a research note on Wednesday. Nine investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Pet Valu has an average rating of "Buy" and an average target price of C$40.22.

Read Our Latest Stock Report on PET

Pet Valu Price Performance

PET traded down C$0.07 during trading on Wednesday, hitting C$36.23. 37,901 shares of the stock traded hands, compared to its average volume of 106,812. The business has a 50 day moving average price of C$33.05 and a 200 day moving average price of C$28.66. Pet Valu has a twelve month low of C$22.53 and a twelve month high of C$36.86. The company has a market cap of C$2.58 billion, a price-to-earnings ratio of 29.87 and a beta of 0.81.

Pet Valu Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 16th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $0.48 annualized dividend and a yield of 1.3%. This is an increase from Pet Valu's previous quarterly dividend of $0.11. Pet Valu's dividend payout ratio is 36.27%.

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.

Featured Stories

Analyst Recommendations for Pet Valu (TSE:PET)

Should You Invest $1,000 in Pet Valu Right Now?

Before you consider Pet Valu, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pet Valu wasn't on the list.

While Pet Valu currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk
3 Overlooked AI Stocks That Chipmakers Can’t Live Without

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines