Domino’s Pizza Group (LON:DOM) Upgraded at Shore Capital Group

Domino’s Pizza Group (LON:DOM) was upgraded by equities researchers at Shore Capital Group to a “buy” rating in a research report issued to clients and investors on Friday,London Stock Exchange reports. The brokerage presently has a GBX 270 price target on the stock. Shore Capital Group’s price target would indicate a potential upside of 33.80% from the stock’s current price.

A number of other brokerages have also issued reports on DOM. Deutsche Bank Aktiengesellschaft restated a “sell” rating and set a GBX 178 target price on shares of Domino’s Pizza Group in a research report on Wednesday, August 5th. JPMorgan Chase & Co. lifted their price target 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. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 230 price target on shares of Domino’s Pizza Group in a research note on Tuesday. Finally, Peel Hunt reissued a “buy” rating and set a GBX 275 price target on shares of Domino’s Pizza Group in a research report on Tuesday, August 4th. Three equities research analysts have rated the stock with a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Domino’s Pizza Group has a consensus rating of “Hold” and a consensus target price of GBX 224.

Domino’s Pizza Group Trading Up 3.5%

Shares of Domino’s Pizza Group stock opened at GBX 201.80 on Friday. 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 firm has a 50-day moving average of GBX 193.55 and a 200-day moving average of GBX 190.02. Domino’s Pizza Group has a 52-week low of GBX 164.03 and a 52-week high of GBX 221.60. The stock has a market cap of £769.18 million, a PE ratio of 13.45, a PEG 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 EPS for the quarter. Domino’s Pizza Group had a net margin of 8.40% and a negative return on equity of 69.64%. As a group, sell-side analysts forecast that Domino’s Pizza Group will post 23.3281005 EPS for the current year.

Insider Activity

In other news, insider Ian Bull purchased 15,700 shares of Domino’s Pizza Group stock in a transaction that occurred on Monday, August 10th. The shares were acquired at an average price of GBX 200 per share, for a total transaction of £31,400. Corporate insiders own 13.74% of the company’s stock.

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.