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An announcement from Pets at Home ( (GB:PETS) ) is now available.
Pets at Home Group Plc has executed a share buyback program, purchasing 70,000 of its ordinary shares at prices ranging from 215.80 GBp to 218.40 GBp. This move reduces the total number of shares in circulation to 453,435,265, impacting the company’s voting rights and potentially influencing shareholder value.
The most recent analyst rating on (GB:PETS) stock is a Buy with a £248.00 price target. To see the full list of analyst forecasts on Pets at Home stock, see the GB:PETS Stock Forecast page.
Spark’s Take on GB:PETS Stock
According to Spark, TipRanks’ AI Analyst, GB:PETS is a Outperform.
Pets at Home’s overall stock score is driven by its strong financial performance and attractive valuation. While technical indicators suggest caution due to bearish momentum, the company’s solid financial health and appealing valuation metrics provide a strong foundation for potential investors.
To see Spark’s full report on GB:PETS stock, click here.
More about Pets at Home
Pets at Home Group Plc operates in the pet care industry, offering a range of products and services for pet owners. The company focuses on providing pet supplies, veterinary services, and grooming services, catering to the needs of pet owners across the UK.
Average Trading Volume: 1,053,121
Technical Sentiment Signal: Strong Sell
Current Market Cap: £971.8M
See more insights into PETS stock on TipRanks’ Stock Analysis page.