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Morgan Stanley Sticks to Their Hold Rating for Petco Health and Wellness Company (WOOF)

In a report released today, Simeon Gutman from Morgan Stanley maintained a Hold rating on Petco Health and Wellness Company (WOOFResearch Report), with a price target of $12.00. The company’s shares opened today at $10.30.

Gutman covers the Consumer Goods sector, focusing on stocks such as O’Reilly Auto, AutoZone, and Dick’s Sporting Goods. According to TipRanks, Gutman has an average return of 1.2% and a 58.38% success rate on recommended stocks.

Currently, the analyst consensus on Petco Health and Wellness Company is a Moderate Buy with an average price target of $14.10.

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WOOF market cap is currently $2.75B and has a P/E ratio of 31.59.

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Petco Health and Wellness Co Inc offer pet care products such as puppy food, treats, nutrition, and supplies through retail outlets and online platforms. The company generates revenue from the sale of products and services such as dog and cat food, supplies, and companion animals, among others.

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