Pet Valu (TSE:PET) Price Target Raised to C$32.00

Pet Valu (TSE:PET) had its price target raised by TD Securities from C$30.00 to C$32.00 in a research report report published on Wednesday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Several other brokerages also recently commented on PET. Barclays upped their price objective on shares of Pet Valu from C$27.00 to C$32.00 in a research note on Wednesday. Cormark lowered Pet Valu from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, November 6th. Stifel Nicolaus lifted their price objective on Pet Valu from C$27.50 to C$28.50 in a research report on Wednesday. CIBC boosted their target price on Pet Valu from C$29.00 to C$33.00 in a research note on Wednesday. Finally, Raymond James dropped their price target on Pet Valu from C$36.00 to C$34.00 in a research note on Wednesday, November 6th. One analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$32.42.

Pet Valu Price Performance

Shares of Pet Valu stock opened at C$26.26 on Wednesday. The stock has a market capitalization of C$1.87 billion, a P/E ratio of 21.65 and a beta of 0.81. Pet Valu has a one year low of C$23.32 and a one year high of C$32.74. The business’s 50 day simple moving average is C$25.39 and its two-hundred day simple moving average is C$25.53.

Pet Valu Company Profile

Pet Valu Holdings Ltd is engaged in providing pet-related products through its stores. Its products include Dry Food, Wet Food, Frozen raw food, Jerky Treats, and Training treats among others. The services offered by the company include Dog Wash, Adoption, Grooming, and Frozen Raw.