Pet Valu (TSE:PET - Get Free Report) was upgraded by stock analysts at Cormark from a "hold" rating to a "moderate buy" rating in a report released on Wednesday,Zacks.com reports. Cormark also issued estimates for Pet Valu's FY2025 earnings at $1.63 EPS and FY2027 earnings at $1.94 EPS.
Several other research firms have also commented on PET. ATB Capital boosted 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 report on Wednesday. Barclays raised their price objective on Pet Valu from C$27.00 to C$32.00 in a research report on Wednesday, March 5th. Stifel Canada raised shares of Pet Valu from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 10th. National Bankshares lifted their price target on shares of Pet Valu from C$30.00 to C$33.00 and gave the stock an "outperform" rating in a report on Wednesday. Finally, Royal Bank of Canada raised their price objective on Pet Valu from C$34.00 to C$35.00 and gave the stock an "outperform" rating in a research note on Wednesday. Eight analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Pet Valu presently has an average rating of "Buy" and a consensus price target of C$34.33.
Check Out Our Latest Analysis on PET
Pet Valu Price Performance
Shares of PET stock opened at C$30.11 on Wednesday. The company has a market cap of C$2.14 billion, a PE ratio of 24.82 and a beta of 0.81. The stock's 50 day simple moving average is C$25.93 and its two-hundred day simple moving average is C$25.70. Pet Valu has a 1 year low of C$22.53 and a 1 year high of C$31.15.
Pet Valu Company Profile
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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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