Domino’s Pizza Group (LON:DOM) Stock Rating Reaffirmed as “Buy” by Shore Capital Group

Domino’s Pizza Group (LON:DOM)‘s stock had its “buy” rating reiterated by analysts at Shore Capital Group in a research report issued to clients and investors on Wednesday, Digital Look reports. They presently have a GBX 270 price objective on the stock. Shore Capital Group’s target price indicates a potential upside of 16.78% from the company’s previous close.

Other equities research analysts also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft restated 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. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 230 price target on shares of Domino’s Pizza Group in a research report on Tuesday, August 18th. JPMorgan Chase & Co. increased their price objective on Domino’s Pizza Group from GBX 145 to GBX 167 and gave the company an “underweight” rating in a report on Wednesday, August 12th. Berenberg Bank began coverage on Domino’s Pizza Group in a research report on Tuesday, October 6th. They issued a “buy” rating and a GBX 291 price objective for the company. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 275 price objective on shares of Domino’s Pizza Group in a research report on Tuesday, August 4th. Four research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. According to MarketBeat, Domino’s Pizza Group presently has a consensus rating of “Hold” and an average price target of GBX 235.17.

Domino’s Pizza Group Stock Down 2.4%

LON:DOM opened at GBX 231.20 on Wednesday. Domino’s Pizza Group has a fifty-two week low of GBX 164.03 and a fifty-two week high of GBX 238.29. The stock has a market capitalization of £881.24 million, a P/E ratio of 15.01, a P/E/G ratio of 5.24 and a beta of 1.22. The company has a debt-to-equity ratio of -656.99, a quick ratio of 0.83 and a current ratio of 0.67. The company’s 50-day simple moving average is GBX 211.70 and its 200-day simple moving average is GBX 197.83.

Domino’s Pizza Group (LON:DOM) last posted its quarterly earnings data on Tuesday, August 4th. The company reported GBX 8 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, equities analysts anticipate that Domino’s Pizza Group will post 23.33 earnings per share for the current fiscal year.

Insider Buying and Selling

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

Domino’s Pizza Group Company Profile

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.