Pet Valu Holdings Ltd. (TSE:PET - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$23.30 and last traded at C$23.41, with a volume of 35535 shares changing hands. The stock had previously closed at C$24.26.
Analyst Ratings Changes
Several brokerages have recently weighed in on PET. CIBC upped their price objective on Pet Valu from C$29.00 to C$33.00 in a report on Wednesday, March 5th. Stifel Canada raised shares of Pet Valu from a "hold" rating to a "strong-buy" rating in a research note on Thursday. TD Securities lifted their price target on shares of Pet Valu from C$30.00 to C$32.00 and gave the stock a "buy" rating in a research report on Wednesday, March 5th. Barclays increased their price objective on Pet Valu from C$27.00 to C$32.00 in a research report on Wednesday, March 5th. Finally, Stifel Nicolaus upgraded Pet Valu from a "hold" rating to a "buy" rating in a report on Thursday. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of C$32.42.
Check Out Our Latest Report on Pet Valu
Pet Valu Trading Up 3.9 %
The firm's 50-day simple moving average is C$25.03 and its two-hundred day simple moving average is C$25.53. The stock has a market capitalization of C$1.87 billion, a PE ratio of 21.62 and a beta of 0.81.
Pet Valu Company Profile
(
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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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