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Oppenheimer Sticks to Their Hold Rating for Petiq (PETQ)
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Oppenheimer Sticks to Their Hold Rating for Petiq (PETQ)

Oppenheimer analyst Rupesh Parikh maintained a Hold rating on Petiq (PETQResearch Report) today. The company’s shares closed yesterday at $17.65.

Parikh covers the Consumer Cyclical sector, focusing on stocks such as Ulta Beauty, Costco, and Dollar General. According to TipRanks, Parikh has an average return of 10.7% and a 63.40% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Petiq with a $26.08 average price target.

The company has a one-year high of $22.98 and a one-year low of $11.92. Currently, Petiq has an average volume of 293.2K.

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Petiq (PETQ) Company Description:

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 Products and Services segments. The Products segments produces and distributes pet medication and health and wellness products to the retail channel. The Services segment represents all veterinary services, and related product sales provided by the firm directly to consumers. Its brands include Advecta, Betsy Farms, Delightibles, Tex Ranch, Mimis Market, and PetLock. The company was founded by McCord Christensen in 2010 and is headquartered in Eagle, ID.

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