Pets At Home (LON:PETS) cover image
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Do analysts think that Pets At Home is a buy, hold or sell?

Tue 3:20pm by Ben Hobson

Buy, hold and sell recommendations from company analysts can be a useful signal about the sentiment around a stock. Examining the 'consensus' rating among brokers can give you a sense of whether the share is worth buying or not. Take Pets At Home (LON:PETS) as an example...

Shares in the company have risen by 1.81% over the past month and it’s currently trading at 450.8p. But what do the analysts that cover it think?

Based on the broker 'consensus', there could be reasons to believe that the positive recent trend will continue. In terms of trading recommendations, Pets At Home currently has:

  • 3 Buy recommendations
  • 3 Hold recommendations
  • 0 Sell recommendations

This suggests that analysts are generally upbeat about the outlook.

At its current price of 450.8p, shares in Pets At Home are trading at a discount of -7.62% to its 52 week high price. The 1-year performance of the shares has been 96.0%.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Pets At Home it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Pets At Home that you can find out about here.

Alternatively, if you'd like to find more shares that analysts are bullish about, you can find them on this Positive Momentum & Broker Buys screen.

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Share Price
500p
Change Today
2.33%
Pets At Home ( )

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