Pets at Home Group PLC (LON:PETS) was downgraded by equities researchers at Goldman Sachs Group Inc. to a “neutral” rating in a research note issued on Monday. They currently have a GBX 235 ($2.92) price objective on the stock, down from their previous price objective of GBX 275 ($3.41). Goldman Sachs Group Inc.’s target price would suggest a potential upside of 8.14% from the stock’s current price.
A number of other equities research analysts have also recently issued reports on PETS. Citigroup Inc. initiated coverage on shares of Pets at Home Group PLC in a research note on Monday, September 12th. They issued a “buy” rating and a GBX 275 ($3.41) price objective for the company. Liberum Capital reaffirmed a “sell” rating and issued a GBX 200 ($2.48) price objective on shares of Pets at Home Group PLC in a research note on Thursday, August 4th. Beaufort Securities reaffirmed a “buy” rating on shares of Pets at Home Group PLC in a research note on Friday. Finally, HSBC reaffirmed a “buy” rating and issued a GBX 320 ($3.97) price objective on shares of Pets at Home Group PLC in a research note on Tuesday, November 22nd. One analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of GBX 270.14 ($3.35).
Pets at Home Group PLC (LON:PETS) traded down 4.45% during midday trading on Monday, reaching GBX 212.80. 1,153,920 shares of the company’s stock traded hands. The company’s 50-day moving average price is GBX 219.64 and its 200-day moving average price is GBX 238.99. Pets at Home Group PLC has a 52-week low of GBX 203.93 and a 52-week high of GBX 291.50. The stock’s market cap is GBX 1.06 billion.
The company also recently declared a dividend, which will be paid on Friday, January 6th. Shareholders of record on Thursday, December 1st will be given a dividend of GBX 2.50 ($0.03) per share. The ex-dividend date of this dividend is Thursday, December 1st. This represents a yield of 1.12%.