Pets at Home Group PLC -2.4% potential downside indicated by RBC Capital Markets

Broker Ratings

Pets at Home Group PLC with ticker (LON:PETS) now has a potential downside of -2.4% according to RBC Capital Markets.

RBC Capital Markets set a target price of 330 GBX for the company, which when compared to the Pets at Home Group PLC share price of 338 GBX at opening today (06/06/2022) indicates a potential downside of -2.4%. Trading has ranged between 267 (52 week low) and 525 (52 week high) with an average of 2,337,475 shares exchanging hands daily. The market capitalisation at the time of writing is £1,691,000,061.

Pets at Home Group Plc is a United Kingdom-based pet care company. The Company operates through three segments: Retail, Vet Group and Central. The Retail segment comprises the retailing of pet products purchased online and in-store, pet sales, grooming services and insurance products. The Vet Group segment comprises First Opinion practices. The Central segment includes the veterinary telehealth business. The Company’s brands include Pets at Home, Vets4Pets and the Groom Room. Its omnichannel retailing business operates from the United Kingdom Pets at Home store network. The Company offers full dog grooming, baths, microchipping and nail clipping, through its Groom Room salons. Its subsidiaries include South Shields Quays Vets4Pets Limited, Companion Care (Barnsley Cortonwood) Limited, Crewe Vets4Pets Limited, Lancaster Vets4Pets Limited, Companion Care (Ely) Limited, Kendal Vets4Pets Limited, Denbigh Vets4Pets Limited, Runcorn Vets4Pets Limited and Huddersfield Vets4Pets Limited.

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