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An update from Pets at Home ( (GB:PETS) ) is now available.
Pets at Home Group Plc has executed a share buyback transaction as part of its previously announced programme, purchasing 70,000 ordinary shares at prices ranging from 205.00 GBp to 207.40 GBp. The shares will be cancelled, reducing the total number of shares in issue to 452,666,143. This move is expected to impact the company’s share capital structure and could influence shareholder value by potentially increasing earnings per share.
The most recent analyst rating on (GB:PETS) stock is a Buy with a £243.00 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 shows strong financial performance with consistent revenue growth and effective cash flow management. The technical indicators suggest a neutral trend, while the valuation is attractive with a reasonable P/E ratio and high dividend yield. The absence of earnings call and corporate events data does not impact the score.
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, catering to the needs of pet owners across the UK.
Average Trading Volume: 1,018,262
Technical Sentiment Signal: Strong Sell
Current Market Cap: £930M
See more data about PETS stock on TipRanks’ Stock Analysis page.