Tuesday broker round-up
27th Nov 2018 12:26
(Sharecast News) - Pets At Home Group: Liberum downgrades to hold with a target price of 120p.
Read morePets at Home profits drop on restructuring costs, may close 30 stores
27th Nov 2018 11:21
(Sharecast News) - Pets at Home reported a 9.3% drop in first-half profit on Tuesday as it took a hit from restructuring costs in its vet business.
Read morePets at Home makes two executive team appointments
1st Nov 2018 11:27
(Sharecast News) - Pets at Home has appointed David Robinson as its new chief operating officer of retail and Jane Balmain as interim chief executive officer of the Vet Group's First Opinion business.
Read moreWednesday broker round-up
31st Oct 2018 13:07
(Sharecast News) - Auto Trader: UBS upgrades to buy with a target price of 445p.
Read moreGoldman Sachs downgrades Pets at Home
31st Oct 2018 10:33
(Sharecast News) - Analysts at Goldman Sachs downgraded retailer Pets at Home on Wednesday as it now expects slower growth across the veterinary segment as a whole.
Read morePets at Home shares wagging as vet services thrive
3rd Aug 2018 13:10
(Sharecast News) - Share in Pets at Home wagged happily on Friday as the company reported a 6.1% rise in first quarter revenue on the back of higher-margin veterinary services.
Read moreFriday broker round-up
20th Jan 2017 09:51
(ShareCast News) - Whitbread: Barclays upgrades to Equal Weight with target price of 4150p. Inmarsat: Deutsche Bank reiterates Buy with a target price of 1020p. Halfords Group: HSBC reiterates Buy with a target price of 415p. Pets at Home: HSBC downgrades to Hold with a target price of 230p. Nati
Read morePets at Home shares fall as HSBC cuts rating to 'hold'
20th Jan 2017 08:56
(ShareCast News) - Pets at Home shares fell on Friday after HSBC downgraded the stock to 'hold' from 'buy' and lowered the target price to 230p from 290p after the company reported its third quarter trading update. The pet supplier on Thursday said group revenue was up 4.4% to £203.7m in the 12 week
Read morePets at Home Q3 revenue up; FY profit outlook in line
19th Jan 2017 07:22
(ShareCast News) - Pets at Home posted a rise in group revenue for the third quarter as it said the profit outlook for the year remains in line with expectations. For the 12 weeks to 5 January 2017, group revenue was up 4.4% to £203.7m, with group like-for-like revenue growth of 0.1%, reflecting con
Read moreNumis initiates coverage of Pets at Home at 'add'
20th Dec 2016 14:43
(ShareCast News) - Numis has initiated coverage of Pets at Home with an 'add' rating and target price of 256p, saying the company is a "market leader with a strong track record". "Despite the meaningful near-term challenges facing the business, we believe the scale, quality and visibility of the lon
Read moreLondon close: UK stocks subdued on US Thanksgiving as resources in focus
24th Nov 2016 16:41
(ShareCast News) - UK stocks were in cautious form all day Thursday, with global markets generally subdued as traders in the US put their feet up for a Thanksgiving break. The FTSE 100 closed up 0.17% to 6,829.20. The FTSE 250 ended the session down 0.18% to 17,590.62. On the blue-chip upside, seve
Read morePets at Home H1 pre-tax profits boosted by stronger revenues
24th Nov 2016 07:49
(ShareCast News) - Pets at Home Group said first half pre-tax profits jumped to £45.9m from £40.91m, adding that its outlook for the full year remained in line with expectations despite a tough trading environment. Higher sales of pet food, accessories and a strong performance from veterinary servic
Read moreTuesday broker round-up
22nd Nov 2016 09:56
(ShareCast News) - BT Group: UBS reiterates neutral with a target price of 400p. Tesco: JP Morgan reiterates underweight with a 135p target. Relx: Credit Suisse stays at outperform with a 1600p target. Pets at Home: HSBC reiterates buy with a 320p target. Royal Dutch Shell B: UBS starts coverage
Read morePets at Home appoints New Look's Mike Iddon as CFO
28th Sep 2016 07:55
(ShareCast News) - Pets at Home has appointed Mike Iddon as group chief financial officer with effect from 17 October. Iddon was the CFO of fashion retailer New Look from 2014 until earlier this year. Prior to that, he held a number of finance roles at Tesco over thirteen years, with his final posit
Read moreBroker tips: Pets at Home, Wood Group, Astrazeneca
12th Sep 2016 11:03
(ShareCast News) - Citigroup initiated coverage of Pets at Home at 'buy' with a 275p price target, given its expectation of the medium-term margin upside opportunity and cash returns. The bank reckons that over the next 10 years, the vet business could generate an incremental £40m earnings before in
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