Pets 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".
Read morePets at Home hails record FY performance
25th May 2023 07:21
(Sharecast News) - Pets at Home announced a further £50m share buyback on Thursday as it hailed a record full-year performance, posting a jump in underlying pre-tax profit and revenue.
Read moreBerenberg hikes Pets at Home price target
15th Feb 2023 09:14
(Sharecast News) - Berenberg lifted its price target on Pets at Home on Wednesday to 430p from 370p and reiterated its 'buy' recommendation as it said the upgrade cycle wasn't over.
Read moreDeutsche Bank upgrades B&M, downgrades Kingfisher
3rd Feb 2023 09:14
(Sharecast News) - Deutsche Bank adjusted its ratings on a number of retailers on Friday, as it noted that the European general retail sector ended 2022 on a "surprisingly good" note.
Read morePets at Home lifts full-year profit guidance
31st Jan 2023 07:42
(Sharecast News) - Pets at Home lifted its full-year profit guidance on Tuesday as it hailed record third-quarter consumer revenues.
Read morePets at Home interim profits fall as freight, energy costs rise
23rd Nov 2022 07:52
(Sharecast News) - Pets at Home reported a drop in interim profit on Wednesday as energy and freight costs rose, but backed its full-year profit guidance.
Read moreJefferies starts Pets at Home at 'buy'
10th Aug 2022 09:41
(Sharecast News) - Jefferies initiated coverage of Pets at Home on Wednesday at 'buy' with a 425p price target as it highlighted the company's "resilience and growth".
Read morePets At Home Q1 revenues grow amid 'continued strong performance'
5th Aug 2022 07:05
(Sharecast News) - Pet supplies retailer Pets At Home said on Friday that it had delivered a "continued strong performance" in its first trading quarter, with all channels remaining in growth.
Read moreRBC Capital Markets downgrades Pets at Home, shares slide
4th Jul 2022 08:10
(Sharecast News) - Pets at Home tumbled on Monday as RBC Capital Markets downgraded the shares to 'underperform' from 'sector perform' and slashed the price target to 280p from 330p, partly on valuation grounds.
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