Pets at Home Group (LON:PETS) Reaches New 52-Week High – Time to Buy?

Shares of Pets at Home Group Plc (LON:PETS – Get Free Report) reached a new 52-week high on Monday. The company traded as high as GBX 241 and last traded at GBX 238.20, with a volume of 1,711,051 shares. The stock had previously closed at GBX 233.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Jefferies Financial Group restated a “buy” rating and set a GBX 265 price objective on shares of Pets at Home Group in a research report on Thursday, July 30th. Shore Capital Group initiated coverage on shares of Pets at Home Group in a research report on Thursday, September 3rd. They issued a “buy” rating and a GBX 265 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 230 price target on shares of Pets at Home Group in a research note on Friday, July 31st. Four research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, Pets at Home Group presently has an average rating of “Buy” and an average price target of GBX 251.25.

View Our Latest Analysis on PETS

Pets at Home Group Price Performance

The company has a quick ratio of 0.57, a current ratio of 0.61 and a debt-to-equity ratio of 40.77. The firm has a market capitalization of £1.05 billion, a price-to-earnings ratio of 17.87, a P/E/G ratio of 2.66 and a beta of 1.10. The company has a fifty day moving average price of GBX 215.58 and a two-hundred day moving average price of GBX 199.33.

About Pets at Home Group

(Get Free Report)

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. We’ll help owners select the right food for their pet with nutrition consultations, help test the water is safe for their fish tank before new fish are introduced, and help socialise a new puppy with socilaisation and training classes – and much more.

See Also

Receive News & Ratings for Pets at Home Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pets at Home Group and related companies with MarketBeat.com's FREE daily email newsletter.