Pets at Home Group (LON:PETS) Earns "Buy" Rating from Canaccord Genuity Group

Pets at Home Group (LON:PETS - Get Free Report)'s stock had its "buy" rating reaffirmed by Canaccord Genuity Group in a research note issued on Thursday, Marketbeat Ratings reports. They currently have a GBX 300 ($4.04) price target on the stock. Canaccord Genuity Group's price target indicates a potential upside of 12.27% from the stock's current price.

Several other analysts have also recently commented on the company. Shore Capital reiterated a "not rated" rating on shares of Pets at Home Group in a report on Monday, March 31st. Berenberg Bank cut their price target on Pets at Home Group from GBX 290 ($3.90) to GBX 245 ($3.30) and set a "hold" rating for the company in a research note on Tuesday, April 1st.

Pets at Home Group Price Performance

PETS stock traded down GBX 2.99 ($0.04) during midday trading on Thursday, reaching GBX 267.21 ($3.60). The company had a trading volume of 2,294,256 shares, compared to its average volume of 3,105,168. The company has a market capitalization of £1.22 billion, a price-to-earnings ratio of 16.24, a price-to-earnings-growth ratio of 2.66 and a beta of 0.69. The stock has a 50 day moving average price of GBX 239.20 and a 200-day moving average price of GBX 232.88. Pets at Home Group has a 1-year low of GBX 193.90 ($2.61) and a 1-year high of GBX 326 ($4.39). The company has a debt-to-equity ratio of 43.13, a current ratio of 0.63 and a quick ratio of 0.57.

Pets at Home Group (LON:PETS - Get Free Report) last posted its quarterly earnings results on Wednesday, May 28th. The company reported GBX 21 ($0.28) EPS for the quarter. Pets at Home Group had a return on equity of 8.05% and a net margin of 5.36%. Equities research analysts expect that Pets at Home Group will post 22.67844 earnings per share for the current year.

Insider Activity at Pets at Home Group

In other news, insider Garret Turley bought 21,349 shares of the stock in a transaction on Thursday, March 6th. The shares were bought at an average price of GBX 234 ($3.15) per share, with a total value of £49,956.66 ($67,218.33). 1.80% of the stock is owned by corporate insiders.

About Pets at Home Group

We are the UK's leading pet care business, providing pet owners with everything they need to be able to look after their pet – from food, toys and bedding, and grooming services, right the way through to first opinion veterinary care. Our stores represent a unique environment and provide a practical, fun and unique experience for pet owners.