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

DFS Furniture (LON:DFS) had its price objective lifted by Berenberg Bank from GBX 241 to GBX 247 in a research note released on Wednesday morning, MarketBeat Ratings reports. The brokerage currently has a buy rating on the stock.

Other equities research analysts have also recently issued research reports about the company. Shore Capital reissued a “no recommendation” rating on shares of DFS Furniture in a research note on Tuesday. Jefferies Financial Group raised their price target on shares of DFS Furniture from GBX 190 to GBX 200 and gave the company a “buy” rating in a research report on Thursday, October 2nd. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of GBX 223.50.

DFS Furniture Price Performance

Shares of LON DFS opened at GBX 199 on Wednesday. The company has a current ratio of 0.35, a quick ratio of 0.10 and a debt-to-equity ratio of 258.38. The firm’s 50-day moving average price is GBX 170 and its 200-day moving average price is GBX 161.63. The firm has a market capitalization of £459.86 million, a P/E ratio of 19.32, a P/E/G ratio of 0.56 and a beta of 1.58. DFS Furniture has a 1-year low of GBX 123.40 and a 1-year high of GBX 204.

Insider Buying and Selling at DFS Furniture

In related news, insider Tony Buffin purchased 33,000 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The stock was bought at an average price of GBX 160 per share, for a total transaction of £52,800. 38.95% of the stock is owned by corporate insiders.

About DFS Furniture

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.