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Pets at Home ( (GB:PETS) ) has issued an announcement.
Pets at Home Group Plc announced the immediate departure of CEO Lyssa McGowan and has appointed Ian Burke as executive chair until a new CEO is found. The company has also issued a profit warning, revising its FY26 profit expectations to £90-100 million due to underperformance in retail sales, despite strong digital sales growth and continued expansion in its Vet Group.
The most recent analyst rating on (GB:PETS) stock is a Buy with a £253.00 price target. To see the full list of analyst forecasts on Pets at Home stock, see the GB:PETS Stock Forecast page.
Spark’s Take on GB:PETS Stock
According to Spark, TipRanks’ AI Analyst, GB:PETS is a Outperform.
Pets at Home’s strong financial performance and attractive valuation are the primary drivers of its overall score. However, the bearish technical indicators suggest caution, as the stock may face short-term challenges. The absence of recent earnings call data and corporate events means these factors do not influence the score.
To see Spark’s full report on GB:PETS stock, click here.
More about Pets at Home
Pets at Home Group Plc is the UK’s leading pet care business, offering a wide range of products and services for pets and their owners. The company operates over 450 pet care centers, many of which include vet practices and grooming salons, and runs a significant small animal veterinary business with over 440 general practices.
Average Trading Volume: 710,304
Technical Sentiment Signal: Strong Sell
Current Market Cap: £1.03B
See more insights into PETS stock on TipRanks’ Stock Analysis page.