The Pets at Home (PETS:LON) share price has tanked recently. Currently, shares in the UK pet care business can be snapped up for 240p – about 22% below the closing price on 7 November. Is there an opportunity here for value investors? Let’s take a look.
Pets at Home: the business
Pets at Home is the UK’s largest pet care business. Operating over 450 stores across the country, it sells pet food and other pet products, and also offers veterinary and pet grooming services.
Pets at Home is listed on the London Stock Exchange’s main market, and it is currently a member of the FTSE 250 index. At today’s share price of 240p, it has a market cap of a...
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