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

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!

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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.