Pets at Home backs FY profit expectations
26th Mar 2024 07:56
(Sharecast News) - Pets at Home backed its full-year profit guidance on Tuesday as fourth-quarter trends have been as expected.
Read moreLondon close: Stocks rise as UK wage growth moderates
12th Mar 2024 16:17
(Sharecast News) - London markets closed with gains on Tuesday, buoyed by hopes for interest rate cuts following a modest increase in UK wage growth.
Read moreCMA to launch formal investigation into vet market
12th Mar 2024 09:14
(Sharecast News) - The UK's Competition and Markets Authority said on Tuesday that it has provisionally decided to launch a formal market investigation after a review into the veterinary industry found that pet owners could be paying too much for medicines or prescriptions.
Read moreLondon close: Stocks turn lower as BoE keeps rates on hold
1st Feb 2024 16:48
(Sharecast News) - London's financial markets finished in the red on Thursday, reversing earlier gains after the Bank of England maintained interest rates at current levels.
Read moreBerenberg cuts Pets at Home to 'hold' on cost headwinds
1st Feb 2024 09:53
(Sharecast News) - Shares of Pets at Home were under selling pressure on Thursday after analysts at Berenberg cut their rating on the stock from 'buy' to 'hold' and slashed their target price by nearly 10%.
Read moreLondon close: Stocks finish higher on raft of global data
30th Jan 2024 16:00
(Sharecast News) - London's stock markets managed modest gains on Tuesday, driven by the news that the eurozone had narrowly avoided a recession.
Read morePets at Home cuts full-year profit outlook
30th Jan 2024 07:23
(Sharecast News) - Pets at Home cut its full-year profit outlook on Tuesday after a weaker-than-expected performance at its retail business in the third quarter.
Read moreLondon close: Stocks slip after mountain of broker notes
28th Nov 2023 15:30
(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.
Read morePets at Home backs FY guidance as interim revenues grow
28th Nov 2023 07:21
(Sharecast News) - Pets at Home backed its full-year guidance on Tuesday as it posted a jump in interim revenues, although profits fell as it continued to invest in its new digital platform and moved to a new distribution centre.
Read moreShoreCap downgrades Pets at Home to 'hold'
24th Oct 2023 08:13
(Sharecast News) - Shore Capital has slashed its rating on pet supplies retailer Pets at Home from 'buy' to 'hold' due to operational challenges and the ongoing regulatory investigation of its vet business.
Read moreRBC Capital upgrades CVS Group to 'outperform'
13th Sep 2023 11:51
(Sharecast News) - RBC Capital Markets upgraded CVS Group to 'outperform' from 'sector perform' on Wednesday as it argued that risks over the Competition and Markets Authority's recently-announced review are overdone.
Read moreLondon close: Stocks mixed as weaker pound lifts FTSE 100
7th Sep 2023 15:57
(Sharecast News) - London's stock market presented a mixed close on Thursday, with the bourse's top-flight index ending in positive territory, buoyed by a weakening pound.
Read morePets at Home tumbles as CMA launches review of vet services
7th Sep 2023 09:35
(Sharecast News) - Shares of Pets at Home and CVS Group tumbled on Thursday after the Competition and Markets Authority said it was launching a probe into the £2bn veterinary services market for household pets.
Read moreBerenberg lifts Pets at Home price target
7th Jun 2023 13:04
(Sharecast News) - Berenberg lifted its price target on Pets at Home on Wednesday to 460p from 430p as it said the company's strong momentum continued through Q423, "meaning a further removal of concerns around the impact of the weak consumer backdrop and a potential post-Covid-19 normalisation in pet spend".
Read moreBroker tips: Pets at Home, SSP Group
7th Jun 2023 07:46
(Sharecast News) - Berenberg lifted its price target on Pets at Home on Wednesday to 460p from 430p as it said the company's strong momentum continued through Q423, "meaning a further removal of concerns around the impact of the weak consumer backdrop and a potential post-Covid-19 normalisation in pet spend".
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