August 29, 2014

Should I invest in Pets at Home IPO shares? Analysts speculate

You may be currently asking yourself if you should invest in the Pets at Home IPO and buy shares? Newspaper analysts have begun to speculate, with Investors Chronicle (IC) offering their view.

IC states that the shares are ‘by no means a bargain’, but the company offers a good track record and history of growth. It believes that buying shares in Pets at Home could be ‘worth a punt’ but a quick to point out the risks involved (high level of debt). The consensus from the publication is that the shares may offer some short-term upside due to a current trend for interest in retail stocks and the chance that the company may enter the FTSE 250 (which will attract tracker funds).

On admission, the company will have a market capitalisation of £1.3bn if its shares are priced at the upper-end target of 260p.

The minimum investment in the Pets at Home IPO is £1,000 for retail investors.

Speak Your Mind