In a report released today, John Ransom from Raymond James maintained a Buy rating on Petiq Inc (NASDAQ: PETQ), with a price target of $45. The company’s shares closed yesterday at $41.77, close to its 52-week high of $43.93.
According to TipRanks.com, Ransom is a 5-star analyst with an average return of 13.6% and a 67.1% success rate. Ransom covers the Services sector, focusing on stocks such as Walgreens Boots Alliance, Addus Homecare Corp, and Community Health.
Petiq Inc has an analyst consensus of Strong Buy, with a price target consensus of $42.50, a 1.7% upside from current levels. In a report issued on September 17, Jefferies also maintained a Buy rating on the stock.
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The company has a one-year high of $43.93 and a one-year low of $17.03. Currently, Petiq Inc has an average volume of 700.2K.
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PetIQ, Inc. is a holding company, which engages in the manufacture, procurement, packaging, and distribution of pet health and wellness products. It operates through the Domestic and International segments. The Domestic segment involves the Unites States and Canada markets. The International segment deals with Europe.
