Published On: Tue, Sep 6th, 2016

Pets at Home Group PLC (PETS) Receives ” Buy” Rating from Goldman Sachs Group Inc.

Pets at Home Group PLC (LON:PETS)‘s stock had its ” buy” rating reissued by research analysts at Goldman Sachs Group in a note issued to investors on Tuesday. They presently have a GBX 280 ($3.73) price objective on the stock. Goldman Sachs Group‘s target price would suggest a potential upside of 14.47% from the stock’s previous close.
Pets at Home Group PLC (LON:PETS) opened at 246.80 on Tuesday. The firm’s 50-day moving average price is GBX 248.66 and its 200-day moving average price is GBX 252.65. The firm’s market cap is GBX 1.23 billion. Pets at Home Group PLC has a 52-week low of GBX 203.93 and a 52-week high of GBX 312.40.

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A number of other analysts have also commented on PETS. HSBC reissued a “buy” rating and set a GBX 295 ($3.93) price target on shares of Pets at Home Group PLC in a research note on Friday, August 5th. Liberum Capital reissued a “sell” rating and set a GBX 200 ($2.66) price target on shares of Pets at Home Group PLC in a research note on Thursday, August 4th. Beaufort Securities reissued a “buy” rating on shares of Pets at Home Group PLC in a research note on Friday, May 27th. Finally, Panmure Gordon initiated coverage on Pets at Home Group PLC in a research note on Thursday, May 12th. They set a “buy” rating and a GBX 271 ($3.61) price target on the stock. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of GBX 272.67 ($3.63).
Pets at Home Group Plc is a United Kingdom-based company engaged in the sale of pet products and services, and accessories through retail outlets and Websites. The principal activity of the Company is that of a specialist retailer of pet food, pet related products and pet accessories. The Company offers pet food, such as advanced nutrition, grocery food, treats and other food.

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