Domino’s Pizza Group’s (DOM) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Domino’s Pizza Group (LON:DOM) in a research note released on Thursday morning,Digital Look reports. The brokerage currently has a GBX 291 target price on the stock.

DOM has been the topic of several other reports. Shore Capital Group reiterated a “buy” rating and issued a GBX 270 price target on shares of Domino’s Pizza Group in a research report on Wednesday. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and set a GBX 178 price target on shares of Domino’s Pizza Group in a research note on Wednesday, August 5th. JPMorgan Chase & Co. boosted their price objective on shares of 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. Peel Hunt restated a “buy” rating and issued a GBX 275 price objective on shares of Domino’s Pizza Group in a research note on Tuesday, August 4th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 230 price objective on shares of Domino’s Pizza Group in a research note on Tuesday, August 18th. Four analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Domino’s Pizza Group currently has a consensus rating of “Hold” and an average price target of GBX 235.17.

Domino’s Pizza Group Price Performance

LON DOM opened at GBX 217 on Thursday. The company has a 50-day moving average price of GBX 213 and a 200-day moving average price of GBX 198.66. Domino’s Pizza Group has a 52 week low of GBX 164.03 and a 52 week 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 firm has a market capitalization of £827.11 million, a P/E ratio of 14.09, a PEG ratio of 5.24 and a beta of 1.22.

Domino’s Pizza Group (LON:DOM) last posted its quarterly earnings data 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%. Equities research analysts anticipate that Domino’s Pizza Group will post 23.33 earnings per share for the current year.

Insider Transactions at Domino’s Pizza Group

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