Pets at Home Group PLC 5.9% potential upside indicated by Berenberg Bank

Pets at Home Group PLC with ticker (LON:PETS) now has a potential upside of 5.9% according to Berenberg Bank.

PETS.L

Berenberg Bank set a target price of 330 GBX for the company, which when compared to the Pets at Home Group PLC share price of 312 GBX at opening today (06/06/2024) indicates a potential upside of 5.9%. Trading has ranged between 251 (52 week low) and 400 (52 week high) with an average of 991,599 shares exchanging hands daily. The market capitalisation at the time of writing is £1,452,845,812.

Pets at Home Group Plc is a United Kingdom-based company, which is engaged in the pet care business. The Company provides pets and their owners with the advice, products, and care. Its pet products are available online or from approximately 450 pet care centers, many of which also have vet practices and grooming salons. The Company also operates a small animal veterinary business, with approximately 440 veterinary general practices located both in its pet care centers and in standalone locations. The Company operates through three segments: Retail, Vet Group and Central. The Retail segment includes products purchased online and in-store, pet sales, grooming services, and insurance products. Vet Group segment includes general practices. Central segment includes Group costs, finance expenses and the Group’s veterinary telehealth business. Its subsidiaries include Accrington Vets4Pets Limited and Companion Care (Banbury) Limited, and Bangor Wales Vets4Pets Limited.