Covetrus, Inc., $CVET analysis Current price: $21.13 Targe | 🚀 Robin Rocket

Covetrus, Inc., $CVET analysis

Current price: $21.13
Target price: $29-30

Covetrus, Inc. is a US-based veterinary medicine innovation company that empowers veterinary healthcare teams in the pet, equine and large animal health markets.

Provides a full range of products, software and services that help improve animal health and performance for veterinary professionals.

The recent integration of cloud technologies into the product portfolio means a move towards the higher-margin software segment.

The company is well positioned to capitalize on cross-market trends in the US veterinary and pet care markets.

The company also signed a collaboration agreement with Veterinary Research Groups (“VSG”) back in October 2020, and this provides an additional stream of its own revenues for the company.

Not an investment recommendation.