Jefferies analyst James Vane maintained a Hold rating on CVS Group plc (CVSG – Research Report) today and set a price target of p1,250.00.
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James Vane’s rating is based on the ongoing investigation by the Competition and Markets Authority (CMA) into the UK veterinary services market, which has now been extended. This extension pushes the deadline for the investigation to May 2026, delaying any potential resolution and leaving uncertainties in the market.
The delay in the investigation’s conclusion means that investors are unable to focus solely on the company’s fundamentals, as the outcome could significantly impact the market dynamics. As a result, James Vane has opted for a Hold rating, reflecting the cautious stance due to these unresolved regulatory issues.
Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CVSG in relation to earlier this year.