Is Selling Pets at Home Group PLC Here a Winning Strategy?

 Is Selling Pets at Home Group PLC Here a Winning Strategy?

The stock of Pets at Home Group PLC (LON:PETS) is a huge mover today! The stock increased 0.68% or GBX 1.44 on November 29, hitting GBX 214.24. About 1.38M shares traded hands or 78.12% up from the average. Pets at Home Group PLC (LON:PETS) has declined 12.21% since May 2, 2016 and is downtrending. It has underperformed by 17.47% the S&P500.
The move comes after 7 months negative chart setup for the GBX 1.07B company. It was reported on Nov, 29 by Barchart.com. We have GBX 207.81 PT which if reached, will make LON:PETS worth GBX 32.10M less.

Pets at Home Group PLC (LON:PETS) Ratings Coverage

Out of 8 analysts covering Pets At Home Group Plc (LON:PETS), 5 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 63% are positive. Pets At Home Group Plc has been the topic of 51 analyst reports since July 27, 2015 according to StockzIntelligence Inc. Berenberg maintained Pets at Home Group PLC (LON:PETS) rating on Friday, October 2. Berenberg has “Buy” rating and GBX 325 price target. Liberum Capital maintained Pets at Home Group PLC (LON:PETS) on Friday, January 15 with “Buy” rating. On Monday, March 21 the stock rating was maintained by Liberum Capital with “Buy”. HSBC maintained Pets at Home Group PLC (LON:PETS) on Tuesday, April 19 with “Buy” rating. The rating was maintained by HSBC on Wednesday, September 16 with “Buy”. HSBC maintained it with “Buy” rating and GBX 340 target price in Tuesday, May 24 report. Liberum Capital maintained the shares of PETS in a report on Monday, November 23 with “Buy” rating. The rating was maintained by Liberum Capital with “Buy” on Monday, October 19. Liberum Capital maintained Pets at Home Group PLC (LON:PETS) on Tuesday, November 17 with “Buy” rating. Liberum Capital maintained it with “Buy” rating and GBX 360 target price in Monday, September 21 report.

Another recent and important Pets at Home Group PLC (LON:PETS) news was published by Bloomberg.com which published an article titled: “Brexit Delay Bad for Business, Retailer Pets at Home Says” on November 24, 2016.

Pets at Home Group Plc is a United Kingdom holding company. The company has a market cap of 1.07 billion GBP. The Firm is a retailer of pet food, pet products and pet-related services. It has a 14.06 P/E ratio. The Firm is also the operator of an animal veterinary business and pet grooming salons and the multi-channel equestrian retailer, Ride-away.

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