Domino’s Pizza Group (LON:DOM) Price Target Raised to GBX 167

Domino’s Pizza Group (LON:DOM) had its price objective boosted by investment analysts at JPMorgan Chase & Co. from GBX 145 to GBX 167 in a report released on Wednesday,Digital Look reports. The firm currently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential downside of 16.83% from the stock’s previous close.

Several other brokerages also recently commented on DOM. Shore Capital Group reiterated a “hold” rating and set a GBX 200 price target on shares of Domino’s Pizza Group in a report on Tuesday, August 4th. Peel Hunt reaffirmed a “buy” rating and set a GBX 275 price objective on shares of Domino’s Pizza Group in a report on Tuesday, August 4th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and issued a GBX 178 target price on shares of Domino’s Pizza Group in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of GBX 214.

Domino’s Pizza Group Price Performance

LON DOM opened at GBX 200.80 on Wednesday. Domino’s Pizza Group has a fifty-two week low of GBX 164.03 and a fifty-two week high of GBX 221.60. The stock’s 50-day moving average is GBX 192.59 and its two-hundred day moving average is GBX 189.48. The company has a debt-to-equity ratio of -656.99, a current ratio of 0.67 and a quick ratio of 0.83. The firm has a market cap of £765.37 million, a P/E ratio of 13.39, a price-to-earnings-growth ratio of 5.24 and a beta of 1.22.

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

Insiders Place Their Bets

In other Domino’s Pizza Group news, insider Ian Bull bought 15,700 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The stock was purchased at an average price of GBX 200 per share, for a total transaction of £31,400. 13.74% of the stock is currently owned by insiders.

About Domino’s Pizza Group

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.