RBC Capital Reaffirms Their Sell Rating on Pets at Home (PETS)

RBC Capital reaffirmed its Sell rating on Pets at Home, setting a price target of 175 pence. Analyst Manjari Dhar's tip on the stock places her at 6,144th of 12,226 analysts on TipRanks, with the broader market leaning toward a Moderate Buy and an average target around 220p. Pets at Home reported for the quarter ended March 31 revenue of 691.3 million pounds and net profit of 36.9 million pounds; the previous year showed revenue of 693 million and net profit of 50.6 million pounds, illustrating a modest year-to-year shift in performance.