Berenberg Bank Reaffirms Buy Rating for Domino’s Pizza Group (LON:DOM)

Domino’s Pizza Group (LON:DOM – Get Free Report)‘s stock had its “buy” rating reiterated by analysts at Berenberg Bank in a report released on Thursday, Digital Look reports. They presently have a GBX 291 price target on the stock. Berenberg Bank‘s target price would indicate a potential upside of 34.10% from the company’s previous close.

A number of other analysts have also commented on the stock. Peel Hunt reaffirmed a “buy” rating and set a GBX 275 target price on shares of Domino’s Pizza Group in a report on Tuesday, August 4th. JPMorgan Chase & Co. increased their price target on Domino’s Pizza Group from GBX 145 to GBX 167 and gave the company an “underweight” rating in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and issued a GBX 178 price target on shares of Domino’s Pizza Group in a research note on Wednesday, August 5th. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 230 price target on shares of Domino’s Pizza Group in a research report on Tuesday, August 18th. Finally, Shore Capital Group reaffirmed a “buy” rating and set a GBX 270 price objective on shares of Domino’s Pizza Group in a research note on Wednesday. Four investment analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Domino’s Pizza Group currently has a consensus rating of “Hold” and an average target price of GBX 235.17.

Read Our Latest Stock Analysis on Domino’s Pizza Group

Domino’s Pizza Group Price Performance

LON:DOM traded up GBX 0.40 on Thursday, reaching GBX 217. The stock had a trading volume of 49,615,129 shares, compared to its average volume of 4,712,223. The company has a market capitalization of £827.11 million, a P/E ratio of 14.09, a price-to-earnings-growth ratio of 5.24 and a beta of 1.22. Domino’s Pizza Group has a 1-year low of GBX 164.03 and a 1-year high of GBX 238.29. The company has a quick ratio of 0.83, a current ratio of 0.67 and a debt-to-equity ratio of -656.99. The stock has a fifty day moving average price of GBX 213 and a 200-day moving average price of GBX 198.66.

Domino’s Pizza Group (LON:DOM – Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported GBX 8 earnings per share for the quarter. Domino’s Pizza Group had a negative return on equity of 69.64% and a net margin of 8.40%. Research analysts forecast that Domino’s Pizza Group will post 23.33 EPS for the current year.

Insider Transactions at Domino’s Pizza Group

In other news, insider Ian Bull bought 15,700 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was acquired at an average cost of GBX 200 per share, for a total transaction of £31,400. Also, insider Robyn Perriss bought 4,850 shares of the business’s stock in a transaction dated Thursday, September 17th. The shares were bought at an average price of GBX 205 per share, with a total value of £9,942.50. 11.76% of the stock is currently owned by corporate insiders.

About Domino’s Pizza Group

(Get Free Report)

Domino’s Pizza is the UK’s leading pizza brand and a major player in the Republic of Ireland.

We are part of the global Domino’s system, the biggest pizza delivery operator in the world. We hold the exclusive master franchise rights in the UK & Ireland under a long term agreement with Domino’s Pizza International Franchising Inc, the international arm of Domino’s Pizza Inc, which owns the Domino’s brand. Our core business is the UK & Ireland, where we have a clear number one market share. We operate a world-class supply chain, making fresh dough and acting as a scale and expert wholesaler of other food and non-food supplies to our franchisees.

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Analyst Recommendations for Domino's Pizza Group (LON:DOM)

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