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

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

PET has been the topic of a number of other research reports. CIBC boosted their target price on shares of Pet Valu from C$29.00 to C$33.00 in a report on Wednesday. Royal Bank of Canada raised their target price on Pet Valu from C$34.00 to C$35.00 in a research note on Wednesday, November 6th. Raymond James reduced their target price on Pet Valu from C$36.00 to C$34.00 in a report on Wednesday, November 6th. Cormark downgraded shares of Pet Valu from a “moderate buy” rating to a “hold” rating in a report on Wednesday, November 6th. Finally, Barclays upped their target price on shares of Pet Valu from C$27.00 to C$32.00 in a report on Wednesday. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Pet Valu has a consensus rating of “Buy” and a consensus target price of C$32.42.

Pet Valu Stock Down 2.1 %

Shares of TSE:PET opened at C$26.26 on Wednesday. The firm has a market capitalization of C$1.87 billion, a PE ratio of 21.65 and a beta of 0.81. The company has a 50-day moving average price of C$25.39 and a two-hundred day moving average price of C$25.53. Pet Valu has a twelve month low of C$23.32 and a twelve month high of C$32.74.

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.