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

Domino’s Pizza Group (LON:DOM)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a research report issued to clients and investors on Thursday, Digital Look reports. They presently have a GBX 291 target price on the stock. Berenberg Bank‘s price target indicates a potential upside of 29.10% from the company’s previous close.

Other research analysts have also issued research reports about the company. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 230 price target on shares of Domino’s Pizza Group in a report on Tuesday, August 18th. Shore Capital Group reaffirmed a “buy” rating and issued a GBX 270 price objective on shares of Domino’s Pizza Group in a report on Wednesday, October 21st. Peel Hunt reissued a “buy” rating and issued a GBX 275 price target on shares of Domino’s Pizza Group in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and set a GBX 178 price objective on shares of Domino’s Pizza Group in a research report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. increased 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. Four research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of GBX 235.17.

Domino’s Pizza Group Trading Up 0.5%

DOM traded up GBX 1.20 during trading on Thursday, reaching GBX 225.40. 504,871 shares of the company’s stock were exchanged, compared to its average volume of 4,676,175. The stock has a market capitalization of £859.13 million, a PE ratio of 14.64, a price-to-earnings-growth ratio of 5.24 and a beta of 1.22. Domino’s Pizza Group has a one year low of GBX 164.03 and a one year high of GBX 238.29. The firm has a fifty day moving average price of GBX 213.30 and a two-hundred day moving average price of GBX 195.19. The company has a current ratio of 0.67, a quick ratio of 0.83 and a debt-to-equity ratio of -656.99.

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

Insider Activity

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

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.