Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Pets at Home ( (GB:PETS) ) has shared an update.
Pets at Home Group Plc has executed a share buyback, purchasing 70,000 of its ordinary shares at prices ranging from 218.20 GBp to 224.60 GBp, with an average price of 221.2706 GBp. The shares will be cancelled, reducing the total number of shares in issue to 455,279,713, which impacts the company’s voting rights and shareholder calculations under regulatory guidelines.
The most recent analyst rating on (GB:PETS) stock is a Buy with a £252.00 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 stock score is primarily driven by its strong financial performance and attractive valuation. The company’s consistent revenue growth and robust cash flow management are significant strengths. However, technical indicators suggest a bearish trend, which slightly offsets the positive financial and valuation aspects.
To see Spark’s full report on GB:PETS stock, click here.
More about Pets at Home
Pets at Home Group Plc operates in the pet care industry, providing a range of products and services for pet owners. The company focuses on retailing pet supplies and offering veterinary services, positioning itself as a comprehensive provider for pet care needs.
Average Trading Volume: 726,101
Technical Sentiment Signal: Strong Sell
Current Market Cap: £1.01B
For a thorough assessment of PETS stock, go to TipRanks’ Stock Analysis page.