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Analysts have made several adjustments to their recommendations for various companies. Notable changes include Deutsche Bank lowering Air France-KLM's sell recommendation to EUR 8.50 and JPMorgan downgrading Arkema and BASF to Underweight with targets of EUR 68.50 and EUR 45, respectively. Meanwhile, Genfit received a Buy rating from Van Lanschot Kempen, targeting EUR 9, and Nexity was initiated with a Buy coverage by CIC, targeting EUR 12.
Pets at Home Group Plc has warned of lower-than-expected profits due to weak consumer confidence and the decline of the pandemic-driven surge in pet ownership. The company's stock fell by as much as 10% in London, reflecting a more than 20% drop since the beginning of the year. For fiscal 2025, underlying profit before tax is now expected to grow modestly to £132 million, down from previous guidance of £144 million, according to a statement.
The global veterinary healthcare market is projected to grow from $192.55 billion in 2023 to $270.68 billion by 2028, with a CAGR of 7.0%. Key growth drivers include rising pet ownership, zoonotic disease prevalence, and advancements in telemedicine and genomic medicine. North America remains the largest market, while major players include Zoetis Inc. and Merck & Co.
Pets at Home Group Plc
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
analysts downgrade recommendations for major companies ahead of market opening
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Euro
British Pound Sterling
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Prysmian S.p.A.
Pets at Home Group Plc
Kering SA
Qt Group Oyj
Sodexo
Nexity SA
Alfa Laval AB
Arkema S.A.
Genfit S.A.
Cellnex Telecom, S.A.
LVMH
Clariant AG
Ryanair Holdings plc
Victrex plc
easyJet plc
Air France-KLM
HENSOLDT
BASF SE
FRA
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08:38 27.03.2025
pets at home warns of profit decline as pandemic pet boom fades
10:21 27.11.2024
global veterinary healthcare market projected to reach 270 billion by 2028
United States Dollar
Eli Lilly and Company
Ceva Animal Health LLC
Vetoquinol India Animal Health Pvt Ltd
Merck & Co., Inc.
MSD Animal Health UK Ltd.
IDEXX Laboratories, Inc.
Zoetis Inc.
C.H. Boehringer Sohn AG & Co. KG
National Veterinary Associates Inc.
Phirbo Animal Health
Evonik Industries AG
Boehringer Ingelheim GmbH
Patterson Companies, Inc.
Pets at Home Group Plc
CHN
FRA
RUS
JPN
USA
BRA
KOR
DEU
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IND
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02:00 05.11.2024
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