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BidaskClub downgraded Patterson Companies, Inc. (NASDAQ:PDCO) to Hold in a statement released earlier today.

Only yesterday Patterson Companies, Inc. (NASDAQ:PDCO) traded 1.36% higher at $44.40. Patterson Companies, Inc.’s 50-day average is $43.07 and its two hundred day average is $44.07. With the last stock price close up -13.83% relative to the two hundred day moving average, compared to the Standard & Poor's 500 Index which has increased 0.05% over the same time period. 952,350 shares of PDCO traded, down from an avg. trading volume of 1,177,190

BidaskClub has downgraded Patterson Companies, Inc. (NASDAQ:PDCO) to Hold in a statement released on Saturday July 08, 2017.

On 7/06/2017, Stifel Nicolaus released a statement about Patterson Companies, Inc. (NASDAQ:PDCO) raised the target price from $0.00 to $39.00. At the time, this indicated a possible downside of -0.18%.

See Chart Below

Patterson Companies, Inc. (NASDAQ:PDCO)

Patterson Companies, Inc. has a 52 week low of $36.46 and a 52 week high of $49.26 with a P/E ratio of 21.22 PDCO’s total market value is presently $0.

A total of 8 equity analysts have released a ratings update on PDCO. One equity analyst rating the company a strong buy, four equity analysts rating the company a buy, 6 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $51.50.

About Patterson Companies, Inc. (NASDAQ:PDCO)

Patterson Companies, Inc. is a value-added distributor focused on providing a customer experience to professionals in the dental and animal health markets. The Company operates through three segments: dental, animal health and corporate. Dental and Animal health are strategic business units that offer similar products and services to different customer bases. Dental provides a virtually complete range of consumable dental products, equipment and software and turnkey digital solutions. In addition it provides value-added services to dentists, dental laboratories, institutions and other healthcare professionals throughout North America. Animal health is a leading, full-line distributor of animal health products, services and technologies. Corporate segment is comprised of general and administrative expenses, including home office support costs in areas such as information technology, finance, legal, human resources and facilities.

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