Zacks Investment Research upgraded Patterson Companies, Inc. (NASDAQ:PDCO) to Hold in a report released today.
- Updated: September 17, 2016
Zacks Investment Research has upgraded Patterson Companies, Inc.(NASDAQ:PDCO) to Hold in a statement released on Monday August 22 2016.
Boasting a price of $46.92, Patterson Companies, Inc. (NASDAQ:PDCO) traded 0.24% higher on the day. The last stock close is up 0.63% relative to the two hundred day average, compared with the S&P 500 which has fallen -0.01% over the same time period. The company has logged a 50-day average of $46.83 and 200-day average of $46.43. 1,516,479 shares of Patterson Companies, Inc. traded hands, up from ann average volume of 1,037,630
Recent Performance Graph:
With a market capitalization of $0.0, Patterson Companies, Inc. has a P/E of 23 with a one-year low of $38.51 and a one-year high of $50.40.
In addition to Zacks Investment Research reporting it’s price target, a total of 8 equity analysts have released a ratings update on PDCO. The average target price is $51.50 with one firm rating the company a strong buy, four firms rating the company a buy, six analyts rating the stock a hold, two firms rating the stock to underperform, and lastly 0 firmsrating the stock as sell.
Brief Synopsis On Patterson Companies, Inc. (NASDAQ:PDCO)
Patterson Companies, Inc. is a distributor serving the dental, veterinary and rehabilitation supply markets. The Company operates through three segments: dental supply, veterinary supply and rehabilitation supply. The dental supply segment provides a range of consumable dental products, clinical and laboratory equipment, and value-added services to dentists, dental laboratories, institutions and other dental healthcare providers across North America. The veterinary supply segment is a distributor of veterinary supplies, primarily to companion-pet (dogs, cats and other common household pets) and equine veterinary clinics. The rehabilitation supply segment provides a range of distributed and self-manufactured rehabilitation medical supplies and assistive products to acute care hospitals, long-term care facilities, rehabilitation clinics, dealers and schools. The Company’s operating units include Patterson Dental, and Patterson Veterinary and Patterson Medical.
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