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Home / Momentum / Pets at Home (PETS.L) 11-12-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Pets at Home (PETS.L) 11-12-19

Will shares in Pets at Home (PETS.L) continue to new highs?

 

  • The share price performance has been very strong, now trading at 262.2p (at time of writing) .
  • Will we see an end to the trend, or is the momentum set to continue?
  • Could this be the ideal opportunity for those seeking a momentum play?
  • Whilst the trend has been relentless, remember that strong past performance may not always continue.
  • Technical traders should be mindful of new events, which can influence price action. Check our website and news outlets for updates.
  • Shares -2% from 12-month highs; +131% from 12 month lows.

Latest News

06 Dec:  HSBC reiterates its hold rating on Pets At Home Group Plc (PETS) and increased the target price to 270p (from 235p).

28 Nov:  Goldman Sachs has upgraded its rating on Pets At Home Group Plc (PETS) to neutral (from sell) and increased the target price to 255p (from 155p).

28 Nov:  Citigroup has downgraded its rating on Pets At Home Group Plc (PETS) to neutral (from buy).

28 Nov:  Liberum Capital reiterates its buy rating on Pets At Home Group Plc (PETS) and increased the target price to 300p (from 240p).

 

26 Nov:  Liberum Capital has upgraded its rating on Pets At Home Group Plc (PETS) to buy (from buy).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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