Chewy Inc (CHWY) Receives a Hold from Barclays


In a report released yesterday, Deepak Mathivanan from Barclays maintained a Hold rating on Chewy Inc (CHWY), with a price target of $33. The company’s shares closed last Monday at $30.25.

According to TipRanks.com, Mathivanan is a 5-star analyst with an average return of 20.4% and a 73.4% success rate. Mathivanan covers the Technology sector, focusing on stocks such as Mercadolibre, Wix.com Ltd, and GrubHub.

Chewy Inc has an analyst consensus of Moderate Buy, with a price target consensus of $36.60, representing a 21.0% upside. In a report released today, Nomura also maintained a Hold rating on the stock with a $32 price target.

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The company has a one-year high of $41.34 and a one-year low of $22. Currently, Chewy Inc has an average volume of 3M.

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Chewy, Inc. operates as a web-based, pet supplies e-tailer. The company is an online source for a wide variety of pet products, supplies and prescriptions for dogs, cats, fish, birds, small pets, horses, and reptiles. It serves its customers through its retail website, www.chewy.com, and its mobile applications.

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