DFS Furniture (LON:DFS) Stock Rating Reaffirmed as “Buy” by Berenberg Bank

DFS Furniture (LON:DFS)‘s stock had its “buy” rating reissued by research analysts at Berenberg Bank in a research report issued to clients and investors on Friday, September 25th, Digital Look reports. They presently have a GBX 210 price target on the stock. Berenberg Bank’s target price points to a potential upside of 44.83% from the company’s current price.

Separately, Shore Capital Group reissued a “buy” rating and issued a GBX 180 price objective on shares of DFS Furniture in a research report on Thursday, September 24th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 200.

DFS Furniture Stock Performance

Shares of DFS Furniture stock traded up GBX 0.50 during mid-day trading on Friday, hitting GBX 145. 513,005 shares of the stock were exchanged, compared to its average volume of 597,056. DFS Furniture has a 12 month low of GBX 113 and a 12 month high of GBX 204. The company has a 50-day simple moving average of GBX 149.51 and a 200 day simple moving average of GBX 136.99. The company has a debt-to-equity ratio of 135.99, a quick ratio of 0.10 and a current ratio of 0.25. The company has a market capitalization of £335.70 million, a P/E ratio of 9.67, a P/E/G ratio of 0.56 and a beta of 1.46.

DFS Furniture (LON:DFS) last announced its earnings results on Thursday, September 24th. The company reported GBX 13.80 earnings per share for the quarter. DFS Furniture had a return on equity of 12.31% and a net margin of 3.30%. Sell-side analysts anticipate that DFS Furniture will post 7.25545 earnings per share for the current fiscal year.

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.