Dominos Pizza Group Price Target Cut to GBX 635 (DOM)
Citigroup Inc. reduced their price objective on shares of Dominos Pizza Group (LON:DOM) from GBX 675 ($11.08) to GBX 635 ($10.42) in a research note issued on Friday, Stock Ratings News reports. The firm currently has a “buy” rating on the stock. Citigroup Inc.’s target price points to a potential upside of 24.51% from the stock’s previous close.
A number of other analysts have also recently weighed in on DOM. Analysts at Beaufort Securities reiterated a “buy” rating on shares of Dominos Pizza Group in a research note to investors on Thursday, January 9th. Separately, analysts at Nplus1 Brewin reiterated a “hold” rating on shares of Dominos Pizza Group in a research note to investors on Wednesday, January 8th. They now have a GBX 480 ($7.88) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Dominos Pizza Group in a research note to investors on Wednesday, January 8th. They now have a GBX 553 ($9.08) price target on the stock. Seven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of GBX 493.75 ($8.10).
Shares of Dominos Pizza Group (LON:DOM) traded down 1.64% during mid-day trading on Friday, hitting GBX 510.00. 648,580 shares of the company’s stock traded hands. Dominos Pizza Group has a 1-year low of GBX 462.50 and a 1-year high of GBX 710.00. The stock’s 50-day moving average is GBX 509.8 and its 200-day moving average is GBX 566.2. The company’s market cap is £833.8 million.
Domino’s Pizza UK & Ireland Limited, Domino’s Pizza Group plc, along with its subsidiary companies, holds the master franchise for Domino’s Pizza, in the United Kingdom, the Republic of Ireland and Germany, including the Channel Islands and the Isle of Man.
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