Berenberg Bank Initiates Coverage on Domino’s Pizza Group (LON:DOM)

Analysts at Berenberg Bank began coverage on shares of Domino’s Pizza Group (LON:DOM – Get Free Report) in a report released on Tuesday, Digital Look reports. The firm set a “buy” rating and a GBX 291 price target on the stock. Berenberg Bank’s target price would indicate a potential upside of 28.76% from the stock’s current price.

A number of other analysts have also issued reports on the company. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 230 price objective on shares of Domino’s Pizza Group in a research note on Tuesday, August 18th. Shore Capital Group upgraded Domino’s Pizza Group to a “buy” rating and set a GBX 270 target price for the company in a research note on Friday, August 21st. Peel Hunt restated a “buy” rating and issued a GBX 275 target price on shares of Domino’s Pizza Group in a research note on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and set a GBX 178 target price on shares of Domino’s Pizza Group in a report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. upped their price target on Domino’s Pizza Group from GBX 145 to GBX 167 and gave the company an “underweight” rating in a research report on Wednesday, August 12th. Four investment analysts have rated the stock with a Buy rating and two have issued a Sell rating to the stock. According to MarketBeat, Domino’s Pizza Group currently has a consensus rating of “Hold” and an average target price of GBX 235.17.

Get Our Latest Stock Analysis on DOM

Domino’s Pizza Group Stock Up 1.5%

DOM opened at GBX 226 on Tuesday. Domino’s Pizza Group has a 12 month low of GBX 164.03 and a 12 month high of GBX 226. The company has a market cap of £861.42 million, a PE ratio of 14.68, a price-to-earnings-growth ratio of 5.24 and a beta of 1.22. The company has a current ratio of 0.67, a quick ratio of 0.83 and a debt-to-equity ratio of -656.99. The company has a 50 day moving average of GBX 207.23 and a 200 day moving average of GBX 194.20.

Domino’s Pizza Group (LON:DOM – Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported GBX 8 earnings per share (EPS) for the quarter. Domino’s Pizza Group had a net margin of 8.40% and a negative return on equity of 69.64%. On average, sell-side analysts expect that Domino’s Pizza Group will post 23.3281005 EPS for the current year.

Insider Buying and Selling at Domino’s Pizza Group

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

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.

See Also

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

Receive News & Ratings for Domino's Pizza Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Domino's Pizza Group and related companies with MarketBeat.com's FREE daily email newsletter.