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Pets at Home ( (GB:PETS) ) has issued an update.
Pets at Home Group Plc has executed a share buyback program, purchasing 70,000 of its ordinary shares at a volume-weighted average price of 244.3831 GBp per share. This move reduces the total number of shares in circulation to 457,671,054, potentially impacting shareholder voting rights and market perceptions of the company’s financial health.
The most recent analyst rating on (GB:PETS) stock is a Hold with a £2.60 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 exhibits strong financial fundamentals and attractive valuation. However, the stock’s technical indicators suggest bearish momentum, offsetting some of the positive impacts from financials and corporate actions.
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, offering a range of products and services for pet owners. The company focuses on providing comprehensive pet care solutions, including pet food, accessories, grooming, and veterinary services, catering to the needs of pet owners across the UK.
Average Trading Volume: 968,210
Technical Sentiment Signal: Hold
Current Market Cap: £1.1B
For detailed information about PETS stock, go to TipRanks’ Stock Analysis page.