Pets at Home Group (LON:PETS) Price Target Cut to GBX 300 by Analysts at Canaccord Genuity Group

Pets at Home Group (LON:PETS - Free Report) had its target price reduced by Canaccord Genuity Group from GBX 328 ($4.23) to GBX 300 ($3.87) in a research report sent to investors on Tuesday morning, MarketBeat.com reports. They currently have a buy rating on the stock.

Separately, Shore Capital reaffirmed a "not rated" rating on shares of Pets at Home Group in a research note on Monday, March 31st.

Pets at Home Group Trading Down 2.2 %

LON:PETS traded down GBX 4.80 ($0.06) during midday trading on Tuesday, hitting GBX 218 ($2.81). 33,351,645 shares of the company traded hands, compared to its average volume of 4,067,568. The company has a current ratio of 0.63, a quick ratio of 0.57 and a debt-to-equity ratio of 43.13. The firm's fifty day moving average is GBX 229.61 and its 200-day moving average is GBX 249.77. The firm has a market capitalization of £994.35 million, a P/E ratio of 13.25, a P/E/G ratio of 2.66 and a beta of 0.69. Pets at Home Group has a 12-month low of GBX 193.90 ($2.50) and a 12-month high of GBX 326 ($4.20).

Insider Buying and Selling at Pets at Home Group

In related news, insider Garret Turley acquired 21,349 shares of the firm's stock in a transaction that occurred on Thursday, March 6th. The stock was bought at an average price of GBX 234 ($3.02) per share, for a total transaction of £49,956.66 ($64,418.65). 1.80% of the stock is currently 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.