Dominos Pizza Group Stock Rating Upgraded by Credit Suisse (DOM)
Dominos Pizza Group (LON:DOM) was upgraded by equities researchers at Credit Suisse to an “outperform” rating in a research report issued on Friday, Stock Ratings Network reports. The firm currently has a GBX 620 ($10.22) target price on the stock. Credit Suisse’s price objective points to a potential upside of 17.31% from the company’s current price.
Shares of Dominos Pizza Group (LON:DOM) traded up 2.82% on Friday, hitting GBX 528.50. The stock had a trading volume of 591,396 shares. Dominos Pizza Group has a 1-year low of GBX 462.50 and a 1-year high of GBX 710.00. The stock has a 50-day moving average of GBX 513.3 and a 200-day moving average of GBX 562.2. The company’s market cap is £864.1 million.
A number of other analysts have also recently weighed in on DOM. Analysts at Citigroup Inc. cut their price target on shares of Dominos Pizza Group from GBX 675 ($11.12) to GBX 635 ($10.46) in a research note to investors on Friday, January 24th. They now have a “buy” rating on the stock. Separately, analysts at Beaufort Securities reiterated a “buy” rating on shares of Dominos Pizza Group in a research note to investors on Thursday, January 9th. Finally, 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 ($7.91) price target on the stock. Six research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Dominos Pizza Group currently has a consensus rating of “Buy” and a consensus price target of GBX 500.83 ($8.25).
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.