Pet Valu (TSE:PET - Free Report) had its price objective hoisted by Stifel Nicolaus from C$27.50 to C$28.50 in a research report report published on Wednesday morning,BayStreet.CA reports.
Other analysts also recently issued reports about the company. Barclays decreased their price target on Pet Valu from C$28.00 to C$27.00 in a research note on Wednesday, November 6th. CIBC decreased their price target on Pet Valu from C$31.00 to C$29.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 26th. Cormark downgraded Pet Valu from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, November 6th. Raymond James decreased their price target on Pet Valu from C$36.00 to C$34.00 in a research note on Wednesday, November 6th. Finally, Royal Bank of Canada lifted their price target on Pet Valu from C$34.00 to C$35.00 in a research note on Wednesday, November 6th. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Pet Valu currently has a consensus rating of "Buy" and a consensus target price of C$32.42.
Read Our Latest Stock Report on Pet Valu
Pet Valu Price Performance
Shares of TSE:PET traded up C$0.61 during trading on Wednesday, reaching C$27.01. The company had a trading volume of 61,615 shares, compared to its average volume of 52,904. The firm has a market capitalization of C$1.92 billion, a price-to-earnings ratio of 22.27 and a beta of 0.81. The stock's fifty day moving average price is C$25.48 and its 200 day moving average price is C$25.55. Pet Valu has a fifty-two week low of C$23.32 and a fifty-two week high of C$32.74.
About Pet Valu
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Pet Valu Holdings Ltd is engaged in providing pet-related products through its stores. Its products include Dry Food, Wet Food, Frozen raw food, Jerky Treats, and Training treats among others. The services offered by the company include Dog Wash, Adoption, Grooming, and Frozen Raw.
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