Do Analysts Agree Friday on Petco Health and Wellness Company Inc (WOOF) Stock's Target Price?

Friday, March 22, 2024 01:18 PM | InvestorsObserver Analysts

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Wall Street is positive on Petco Health and Wellness Company Inc (WOOF). On average, analysts give Petco Health and Wellness Company Inc a Buy rating. The average price target is $4.526, which means analysts expect the stock to rise by 121.86% over the next twelve months. That average ranking earns Petco Health and Wellness Company Inc an Analyst Rating of 23, which is better than 23% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating WOOF a Buy today. Find out what this means to you and get the rest of the rankings on WOOF!
See Full WOOF Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Petco Health and Wellness Company Inc Stock Today?

Petco Health and Wellness Company Inc (WOOF) stock has gained 2.78% while the S&P 500 is lower by -0.03% as of 1:03 PM on Friday, Mar 22. WOOF is higher by $0.06 from the previous closing price of $1.98 on volume of 1,294,466 shares. Over the past year the S&P 500 is higher by 32.70% while WOOF is lower by -74.81%. WOOF lost -$4.57 per share the over the last 12 months. Click Here to get the full Stock Report for Petco Health and Wellness Company Inc stock.

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