DFS Furniture (LON:DFS) Price Target Raised to GBX 247

DFS Furniture (LON:DFS) had its price objective lifted by research analysts at Berenberg Bank from GBX 241 to GBX 247 in a note issued to investors on Wednesday,Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 31.73% from the stock’s previous close.

A number of other equities research analysts have also commented on the company. Shore Capital restated a “no recommendation” rating on shares of DFS Furniture in a research report on Tuesday. Jefferies Financial Group raised their price target on shares of DFS Furniture from GBX 190 to GBX 200 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of GBX 223.50.

DFS Furniture Stock Up 1.4%

Shares of DFS traded up GBX 2.50 during mid-day trading on Wednesday, reaching GBX 187.50. The company’s stock had a trading volume of 1,085,224 shares, compared to its average volume of 322,639. The company has a market cap of £433.28 million, a price-to-earnings ratio of 18.20, a price-to-earnings-growth ratio of 0.56 and a beta of 1.58. The business has a fifty day moving average of GBX 167.97 and a 200 day moving average of GBX 161.01. The company has a quick ratio of 0.10, a current ratio of 0.35 and a debt-to-equity ratio of 258.38. DFS Furniture has a 1 year low of GBX 123.40 and a 1 year high of GBX 204.

Insider Activity

In other news, insider Tony Buffin purchased 2,898 shares of DFS Furniture stock in a transaction dated Wednesday, November 12th. The stock was acquired at an average cost of GBX 156 per share, for a total transaction of £4,520.88. 38.95% of the stock is currently owned by corporate insiders.

Key DFS Furniture News

Here are the key news stories impacting DFS Furniture this week:

• Positive Sentiment: Management raised the full‑year profit outlook after a strong first half and said the business is well positioned to deliver its strategy — this direct upgrade to guidance is the primary driver of the positive market move. Read More.
• Positive Sentiment: Retail momentum: DFS reported rising sales despite weak consumer conditions, helped by stronger orders and a winter sale which management cites as reeling in extra demand. That sales resilience supports expectations for higher FY profits. Read More.
• Positive Sentiment: Corporate/management update: DFS announced a new CFO alongside the profit upgrade — investors often view senior hires as supportive for execution of strategy. Read More.
• Neutral Sentiment: Broker stance unchanged: Shore Capital reaffirmed a “no recommendation” rating, so analyst coverage hasn’t yet turned uniformly positive despite the upbeat trading update. Read More.
• Negative Sentiment: Management caution: some outlets flagged a warning from the group despite rising sales — language in commentary about uncertainty or margin pressure can temper enthusiasm and cap gains. Read More.
• Negative Sentiment: Balance‑sheet and liquidity risks: DFS shows high leverage and weak short‑term liquidity (quick ratio ~0.10, current ratio ~0.35, debt‑to‑equity ~258), which increases investor sensitivity to slower trading or cost pressures.

DFS Furniture Company Profile

DFS Group is the leading sofa retail specialist in the UK and since 1969 we’ve been passionate about making and selling high quality, great looking sofas.